China does not want prices to go up. REEO is about 0.03% of their GDP. So even if prices were to go up 4 X it would not help their economic situation much. What they need is manufacturing. Manufacturing in and near the cities. This will move more people into middle class and help the real estate and stock market. Can it be done? I realy do not know. As far as you are concerned I would start doing some numbers on Revenue and profits to have an idea of what Lynas needs to achieve a market cap of 6.5B= AU $ 7.00 x 934 M shares.. If they had a PE of 18, higher than to day they would need 6.5B /18 = 363M of profit a year why don't you figure out what NdPr) prices and Lynas volume would have to be to make that ind of volume. UBS says they will make 40M ~ 50 M this year. So instead of telling us about the demand for small EVs why not tell us how many cars to cteat the prices and volumes Lynas will need for a $7.00 SP.
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