NdPR price, page-2341

Per usual you can only bash me by saying I said thing that i did not say. Please cut and past where I said they would continue to decline in a reply.

In fact my prediction a year ago in June was they would trade in a 450 ~ 550 RMB WV range and I have not changed that It stayed in that range for months then started going below and has never gone above.

My only point is that LYC SP follows NdPr prices and often is amplified by their movement. This effect will be amplified now that AL announced in Q3 CC that Lynas will cut back production with low prices. The top line in profits is revenue, price times volume. Many on this board blame shorters for price drops. Many others think that news of something that may happen in several years will send price up. My only point is that Looking out a few months there is nothing as telling as NDPR prices. I have shown many times that a Price of 750 ~ 850 RMB is needed to justify a SP of AUD 7.00 at a PE of 20 for Lynas. Even if NdPr goes up to my 450 to 550 price range profits will still be small.

Please argue with what i say not what you would like me to say that you can put down easily.

Here is a chart I made for Eddie that shows NdPr price and SP i think this shows the link well especially since REE Price is critical to revenue. in fact the PR should be down a lot more. Ito todays price in just 26 months you disagree explain why price is down from 11.56 to todays price in just 26 months