Totally agree there is lots of upside. Have never said different. NdPr will hit 1500 RMB WV in the future. The question is not is there up side potential?
The questions is when? AT what price can Lynas Make a profit that supports higher stock prices. JMO This is at least a year maybe longer away. The SP will go lower during that time.
i could list multiple items that make what I say wrong. or multiple items that make me correct. We will just have to wait to see wat happens and use experience to make our best guesses.
Do you know that Northern rare earth Dropped there List commercial price of NdPrO 194,100 RMB from April to May that is 27% in one month. for NdPR metal it was 232,500 RMB 26.96%. that drop has not been seen in spot prices yet, 435 RMB KG on 28 APR 458RMB to day. There are many reasons to explain why it has not shown up and may not show up at all.
https://news.metal.com/newscontent/102203514/Listing-prices-of-Northern-Rare-Earth-Fall-greatly/Again I ask a question that I think is very important. Lynas Current PE is 12.63. ASX 200 long term average is 15 today it is 15.47. Lets be generous and say the Market will support a PE of 18 for Lynas. What do you think NdPrO price has to be for a PE of 18? What would stock price be?
Here are charts of different ASX 200 long term Metrics PE is the second one down.
Market Statistics (ASX): PE, Earnings & Yield - Market Index
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