Last Friday of month so lets look back. It was a good month for REE. All oxides and metals were up from Friday 5 APR to 26APR. Oxides PR 10.3%, Nd 10.9%, NdPr 10.7% Metals Pr 10.4%, Nd 13.3%, NdPr 10.9%. As good as this is we have seen increases as big or larger than this 4 time since Jan 2023.
they were in Jan. 2023, MAY 23, July 2023. and now. JMO but too early to say a recovery. Market End of Febuary 2022 was about 1050 RMB WV to day 402 that is a 62% drop. JMO but price has to be over 750 to support a SP of 7.00 at a PE of 20, EPS of AU$ 0.35. Maybe higher COP / Ton is increasing rapidly. KAL price was raised again to AU$800M I assume they will star depreciating this in July even over 20 years this is 40M increase in COP /YR.
Last Friday of month so lets look back. It was a good month for...
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