What are expectations? Will it beat Q1 2023 Rev $121M? yes and by allot should also beat Q2 2022. Rev $202mM but not buy a lot say $250 M How about Q3 rev $327M last year? Not a chance. How about Q4 $284M ? Unlikely. . How about 1/4 of AR2022 Revenue and profits? Again unlikely. JMO SAR will come in way below 1/2 2022 AR. None of this is going to be great.
When someone says something try thinking about what is happening before posting. Your criteria should be does it make sense, Not, if it is great news. Here is a chart of NdPr for last year what do you see as impact on Q2. and Q3. I say Q3 because there is a 90 ~ 120 day lag book to bill.
since Jan 3 Lynas is up 13% MP 25% REMX 20% PLS 13%
Now look at what the REE market has done in general and do you think PLS is a good stock to pick to make your point? Now I look at the top ten holdings of REMX and PLS has underperformed the average of these, as has Lynas. In fact Lynas went from # 3 to #4 on top ten list.
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