LI will start by saying the only thing that is important is...

LI will start by saying the only thing that is important is profits. Profits are what the company is earning on your money. Profits are what powers growth, Dividends and anything else. Yes the company could sell something in one area to fund something else. Does anyone want to see Lamp, My Weld, Kal, or even rights to Texas sold? Stock is the other thing that Lynas can sell and they may have to, in the next year. That dilutes shareholders and dilutes the EPS hurting curent stockholders and eventually lowers the SP People complain about shorters. Yet last march they sold 28.6 M shares far more than any increase in shorts over a month.
Simply profits are usually the most important thing to investors, It is why summery pages always include PE.


:Lets look at KAL commissioning. How much will the volume of NdPrO increase when this completed? NONE. Only lamp expansion and/ or Texas can do that. So short term 6 to 12 months I do not see an increase in NdPrO. According to AL the current shut down is to prepare the plant to take product from either C&L site. She has not said a word about production gains. Which if they were expecting anything I am sure she would have.

So, first thing needed is Lynas to show increased production. They have only made NEXT rates in one Q.. In Q1, with no water, Covid or other problems. They were back to Original name plate. With shut down to accept KAL product they will be below Name plate for Q2 and probably Q3. That will not raise stock price. Commissioning KAL does nothing for profits if lamp cannot process more product.





Can reasonable profits with NdPrO at 500 RMB WV be made? No they cannot. Profits are vertical lines and scale is the right hand scale. Couple of points AL says there is a 90 day Book to Bill delay Looking at my many charts I think it is closer to 120 ~ 150. So look at prices in proper time frame. Sorry for the profit lines being so thin.