Take a good look at prices between October 2023 and now. Pay careful attention to 2024 so far. Copper is going up because a cut back in production Coper makes up about 5% of China's GDP REEO about 0.02% do you think that might make them different as to what the government is thinking? For Lynas SP to be AU$6.00 a share at a PE of 20 Lynas has to make $280 M. JMO that would take a REEO price of 650RMB which is 45% of todays price. so why do people get so excited over such small changes. Everyone was excited the first 6 weeks of year because prices were flat. Many said this is a bottom and price would surge from then. Then what happened? Another 50 RMB / KG drop! -12% in 3 weeks.
Take a good look at prices between October 2023 and now. Pay...
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$6.07 |
Change
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| Open | High | Low | Value | Volume |
| $6.08 | $6.09 | $6.02 | $35.62M | 5.828M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 298927 | $6.06 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 30108 | 3 |
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