LYC lynas rare earths limited

It is starting to look like REE prices will start rising again....

  1. 8,500 Posts.
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    It is starting to look like REE prices will start rising again. In my own charts I plot the first and second derivative of the price. First is Velocity the second is acceleration. Velocity is still negative but slowing. 3 weeks ago acceleration went to Zero and is n now Positive. Based on the curent accelerations we should expect Velocity to turn positive in the next week or two. The big question, will this be enough to make a permanent change or just bring price back to the top of the 450 RMB to 550 range that it has been in since June.

    Magnets fell again. Metals continue to slow as well but slower. The big question is this a bottom or just the bottom of the continued osculation between 450 RMB and 550? Time will tell.
    3 charts this week. the first shows with detail the oxide prices. The second includes Metals but lower resolution. the last show NdPrO over 2 years and shows long term patterns.

    I have not changed my NdPrO prices for cash flow and break even &profits. If A's of 10.5 KT by end of Cal. 2024 comes true, then these all go down. Al has a history of her predictions never coming true. I will not change them till I see it start to happen.

    https://hotcopper.com.au/data/attachments/5823/5823928-10c9c142dea455acc5b9dcd2fdff092c.jpg

    https://hotcopper.com.au/data/attachments/5823/5823930-87ea703af5c0cc036a95a8b3344b30af.jpg
    https://hotcopper.com.au/data/attachments/5823/5823935-aa1edaac29ea6be93d64f3ebfab1aa96.jpg


 
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