Still believe that in spite of this little mini rally. Profits will be way dow3n for almost a year. for profits to rise Lynas needs a price of over 750 RMB with VAT. Back in June 2023 I said NdPrO would stay in a trading range of 450 - 550 RMB. It has never gone above 550 RMB since then it has been below for almost 4 months and is still below. i am a long term planner and I see nothing that indicates anything has changed. This is quite different from many on this board who claim to be long term holders then get all excited with very minute short term changes. people like your self. Here is a multiyear chart on NDPR prices, take a careful look at some past changes. Do you realy believe we are out of the woods yet? I am not saying we are or are not just for people to think it has turned is way too premature. look back to May and august of 2023 much bigger upticks that did not last. This one may but JMO way to early to say it will.
LYC Price at posting:
$6.09 Sentiment: Sell Disclosure: Not Held
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