LYC 1.30% $7.61 lynas rare earths limited

Yes they are up NdO Up 2 RMB / KG WV to 370 RMB WV + 0.5%PrO UP...

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    Yes they are up
    NdO Up 2 RMB / KG WV to 370 RMB WV + 0.5%
    PrO UP 2 RMB / KG WV to 370 RMB WV + 0.5%
    NdPrO UP 1.5 RMB / KG WV to 363 RMB +0.4%

    Do you think this will help Lynas at all? Based on expenses in 2023 AR and 2023 SAR I have calculated that Lynas needs a NdPrO price of 750~800 RMB to support a AUD 6.50 at a PE 30. These expenses will be higher in 2024 AR. How much? I am waiting to see. This is just a blip and I have DMOR. Does Your research indicate this is significant?
    Every thing counts even these <1% changes but I would not get too excited. NdPrO is down > 75% in < 2 years. I count 5 rises in 2 years that fell apart. I would like to see at least 25RMB / KG before I considered it important. JMO but based on news from Northern REE and China in general I believe we are 1 year maybe longer before any significant recovery. My last Range estimate June 2023 was 450 - 550 RMB and we never went above it. I updated that to 400 RMB 500 RMB June 2024 and shortly after we were below 400RMB. What does your research indicate the range for next year will be? Of course I am a down ramper and all my estimates are negative according to most on this board.
    Here is a 2 year + chart of NdPrO prices. Why do you think theses small changes are worth mentioning? The REE is so dead I changed from posting once a week to monthly. Tomorrow is end of month since I only look at weekly changes on Friday.
    https://hotcopper.com.au/data/attachments/6337/6337671-340be9d026e63255ff372951ebf4a893.jpg

 
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