News: LYC UPDATE 1-Australia's Lynas posts record profit on rare earths demand, page-14

Demand is growing but the major factor in this price rise has been supply. Just look where biggest changes were. Oxides moved more than metals, Metals move a lot and magnets barely budged. As china and Lynas recover their output problems expect prices to slide. JMO March 4 2022 will turn out to be the top for REE O for next couple of years.
Since March 4th as of to day 4/2/2022
Pr O down 14%
Nd O down 20 %
NdPr O down 19.5%
This will have no impact on Q3 but impact will be major on Q4 unless production picks up enough to compensate. Assuming slide continues major impact on Q1 2023 not a great way to start 2023.

AL very correctly focuses on Demand because it is growing and she cannot be caught in a lie. Supply she will have to admit that many of the problems causing the price rise will be fixed soon.

Could you supply any back up for that date & number. For example. What do you expect book value to be and why? What do expect revenue to be and why? What do you expect Profits to be and why? What do expect FCF to be and why? No need to answer all four but two would be nice. The "why" is far more important than the number itself.

JMO is down 25% to 50 % in November. Why Rapidly declining REE O prices. Attitudes toward Green sector stocks going from extremely positive to pessimistic. Overall attitude of stock market going optimistic to pessimistic. Lynas's very high multiples to share price on: Book Value, Revenue, and Profits. Take book value Lynas current value is 8 Current value of S&P 500 is just over 4. Long term average of S &P is 1.6. A pessimistic attitude will move this multiple down for S&P and Lynas.

Here is a historical chart for ASX 200 Book to market cap https://ycharts.com/companies/ASXFY/price_to_book_value
As you can see ASX 200 is now at 4.6 but look at long term it's Average is much closer to 1 or 2. What happens as optimism is replaced by pessimism?

Here is a chart of ASX 200 with 50 MA 100 MA and 200 MA on it as recently as march 15th the 200 was on top then 100 then 50 then SP to day SP is on top then 200 then 100 and then 50 . Now you can point to SP and say it is recovering and I can not argue. JMO from looking at many other indexes this is the traditional run up in SP be for a major correction or Recession. Time will tell. I would suggest going back and looking at 2000 and 2008 before drawing conclusions.
https://finance.yahoo.com/chart/%5EAXJO#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