descending triangle target 29.5c, page-75

5hareholder,

Thanks for your response.

No I did not fail to acknowlege new supply impacting price. I did say:

"We get to a new equilibrium. And new pricing to boot.".

That could be up or down. Probably down. I didn't stipulate which way but it was acknowledged. In fact probably down. That's what the economics tells us. But then there is another side here too, if it goes down, production will have gotten more efficient and there would have to be a margin in it otherwise producers wont product and the price goes up.

Why are you dismissing economics? Dont say you are not because you are. There is actions/reactions on both sides. At all times. Both good and bad. I dont have rose coloured glasses 5hareholder. I can see the good and the bad.

Demand will meet supply. Demand will meet supply at a price. Demand will meet supply at a price and a profit or producers scale back. Then demand will meet supply at a NEW price.

As for the demand rising six fold....there is latent demand you ignore based on the need for reliable supply. Also, I believe Moore's law applies. The demand for REE could follow an Exponential Function.

Feedback and comments are welcome.