Another boring week, Same pattern as last 3 week, Lots of Up activity first few days of week then flat and a little down at end of week. At least a few people seem to be excited on Monday aprnd Tuesday when it goes up. since last Friday Concentrate up a little, PrO & NdPrO are both Up 2%. For metals Nd and Pr are both flat and NdPR is up 1.2%. Magnets all the magnets with the designation NXX went up 5 RMB in the beginning of week about 2.5% All the higher quality more expensive magnets with the designation XXM were unchanged. It has been flat or small upward movement for 3 weeks One more week and I will agree we are no longer going down. I have been expecting this for a while now see my post on 25 March Post #:66953596. So I see a clear flatting but no indication that it will go up fast enough to help Lynas's H! 2024. Q1 Revenue can already be figured out because of book to bill delay. It would be best to wait for Q4 Production volume if it is Close to NEXT volume then we should use NEXT not 1500 T a Q for NdPr.
LYC Price at posting:
$7.38 Sentiment: Sell Disclosure: Not Held
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