You are correct NdPr is unchanged for 3 days. You should look a little further before drawing any conclusions. Take a look at magnets 35M - 45M are all down 5 RMB these are the most in demand and the highest Quality. No rally will start until Metals and magnets participate.
NDPR alloy is down 5,000 RMB to day, as well as the end of last week.
That said I pointed on 25/3 that this is a level that REE has stabilized many times before. I would not be surprised to see it again. The question is how much profit and positive cash flow can Lynas generate at these levels? Post #:66953596
Stock will only go up when profits and cash flow are acceptable. Or it is clear they will be in the near future.
LYC Price at posting:
$6.62 Sentiment: Sell Disclosure: Not Held
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