CCJ if you had ANY comprehension skills whatsoever you would realise I called the highly speculative nature of the magnet metal price spikes, particularly post Xmas.
Also called the impact Lynas Q1 & Q2 6 months or more ago, in the general terms of their rolling 90 day average basis for invoice. You've shown no indication you have even the slightest clue of what I'm explaining, despite multiple attempts here.
Even as I was calling the highly speculative nature of the run in NdO & TbO, leading from early January, and NdPr & DyO, following post CNY, I was calling the importance of where a floor might be formed, and suggested somewhere around November highs might be a very solid indication of increased NdFeB demand.
The importance of the current call is potentially a very early (pre summer break) floor being formed in all the magnet metals, note the spec leader NdO < November highs, and the bread & butter NdPr > November highs, a point where prices were still largely driven by true demand.
Broad brush, a very positive indication of NdFeB demand stepping up to a whole new level, across a number of demand segments, inside China, and price appreciation certainly a major positive Lynas, however we are yet to see ANY indication that ROW mag makers, read Japanese x 4, maybe 3.5 sintered, and 1 uncertain future, have recovered pre CV demand let alone benefited from the broader Chinese lift in demand.
You waffle incessantly re Lynas P/E totally oblivious to the fact Lynas future earnings are VERY much predicated on the ability ROW to build out a competitive NdFeB at volume and that is going to take considerable & multiple govt support in a number of areas to match both Chinese State cost of capital and trade manipulation. Lynas P/E is NOT the investment crux, the ability to build out a ROW NdFeB supply chain is.
Again your level of comprehension marginal to a gnat, NEVER "you use to post how important CE was to Lynas", what I did explain numerous times was the importance of Lynas value adding La & Ce particularly, now some 16 individual products produced at LAMP at last mention, also La "sold out" which presumably would be the advanced FCC formulation being sold into US to displace Chinese La, nothing remotely to do with Chinese base Ce, though very much doubt you will EVER understand that.
Cue another mangled, idiotic diatribe.
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