Been a week again i pretty much said it all above so no reason...

Been a week again i pretty much said it all above so no reason to repeat. In % terms. Magnets are going on 2 months with no change so magnet demand Is still OK. Metals went down but a Little less than oxides and concentrate drop the moss. Northern Metals raised their prices but it is important to note they are still lower than spot so they are happy the way things are. Prices could go down lower but JMO they are unlikely to test the low of 348 RMB WV set the week of 15/ march/ 2024. What is important is to study Lynas costs and how they will change in the next year or two and come up with a price that will allow Lynas to make a good profit. i believe this is 750 ~850 RMB WV. We will need several months of steady gains. not just a week or two burst. First week of January NdPrO price was 422 RMB/ Today 381RMB so we are down -10 % year to date. We were flat a few weeks ago.

My criteria for saying REE prices are going up is some solid news saying they should and a 20 % gain over 4~8 weeks would be a big positive. the only other thing i would need to buy a lot of Lynas is some indication in the Q production charts that Lynas can increase production to at lease 90% of what AL says. This would be one Q with 23 KT + or two Qs in a row with 21 KT +. So far this is just not reality! The 4 Q trailing average has only been above name plate for one Q never mind NEXT