funny you blame REE prices but there decline was smaller than Lynas MP and others.
You claimed 95 % decline but as of to day it is only down 17% from 10 year high.
Lynas
So look at the chart below you bought MP near its high. You fool yourself that it is all related to REE prices, yet all the stocks you mention have fallen far more than NdPr. Then you tell other why it will be all better soon which it will not.
All these companies went far above their Fair Market Value, during green euphoria. With the change in Green sentiment it will not be long before they go way below FMV. That will be a great opportunity for anyone who sold at high value. My guess at least a year from now. It does need watching. Could be sooner or latter.
China Syndrome, page-9
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Last
$7.87 |
Change
0.020(0.25%) |
Mkt cap ! $7.309B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.76 | $18.02M | 2.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14857 | $8.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.09 | 2585 | 2 |
View Market Depth
| Last trade - 15.59pm 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |