LYC 2.61% $6.68 lynas rare earths limited

Last Friday of month so lets look back. It was a good month for...

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    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.


    https://hotcopper.com.au/data/attachments/6128/6128226-13524cdcb48932c30fac02863b48fade.jpg

 
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