"Every propaganda piece also makes the disclaimer that there is very little volume being transacted ATM, without volume there is no true test of demand/supply and therefore prices are irrelevant."
Hi Aushed,
This is the exactly why i made the friendly bet with you by 2015 July that REE prices will pop higher and may go over $100 per kg.
I suggest to you discuss the concept of liquidity with the traders such as Mitta and Funky.
You can already see that even with a small volumes of transaction (demand) coming through REE price of certain oxides started jumping 7% in 1 day alone. Imagine that just a small transaction can pop the price up 7%,WAIT till you see REAL demand just how crazy prices can jump.
is lynas profitable at china fob prices?, page-22
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