Yep grubs indeed and just another repeat of past and you are...

Yep grubs indeed and just another repeat of past and you are correct Alway - sp says it all.

When I mentioned no bulls and bears it was simply because there was not enough volumes. They unwinded 10 million short position on the pending and announcements over a two week period - put in a large sell order as a block and to test the buy side which did not arrive on announcements. They have since reduced the SP again and continue to with that 10 million short position sold and as in past - as soon as no buying pressure they squeeze sp lower and immediately stack the sell side on each half cent drop - in knowledge they have no resistance.

Question is when will they reduce short position and it stays lower for a period? Possibly post equity component when they have accumulated max at these ridiculous low levels for such an advanced position ARU are in.
Or will they reduce for short period only - and with more stock available for lending by the participants engaged now have another crack throughout construction and commissioning.

Perhaps stage 2 plans will assist but that will be a ways off - maybe an exceptional equity partner arrives - sure can not rely on Beijing increasing NdPr pricing anytime soon.

End of the day happy holding until max production is reached and stage 2 is underway by which time new favorable pricing regime ex Beijing will be in place for West supply chain and users - along with of course more magnet producers/suppliers ex China.