For record I do believe MP stock price is inflated. Why do you have to discredit MP? You must be frightened of them. There is no reason for either company to worry about the other. Market is big enough to support 10 companies of this size outside of . MP is ahead of there Plan for NdPrO production. Should reach 6KT rate by end of FY. Lynas is at 6KT rate as well but it has taken a dozen years. Lynas has never increased Production even close to what they said in the beginning. MP completed Texas ahead of plan. Shipped their first commercial metals this year slightly ahead of plan. They May Ship first Magnet samples slightly ahead of plan. in next 6 months.
JMO Both companies are severely over priced. Depending if the REE panic looks like it may calm down I may buy PUTs in MP. I would buy puts in Lynas as well. That is illegal for US citizens.. Several ways around it but I will not do that.
In to days market driven by hype it is hard to understand why. Emotion is in total control of stock price and will probably continue to be in control for a while. Sooner or latter company performance will become critical and when it does The stock will drop. Look at the following metrics and you will have your answer. Revenue / Share Earnings / share Cash on hand / Share profit / revenue. Book value . share. When hype dies down and you consider these old school factors which are critical to a companies growth what do you think SP will do? A company can not grow without good operating margins & profits. You know of anything else, that will grow a company, tell me what it is and why. If there is I am making many mistakes in my portfolio.
So easy to say. Can you explain how you came up with 20 %?
LYC Price at posting:
$9.54 Sentiment: Sell Disclosure: Not Held
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