I think REE prices will be lower for a while. If you believe what AL said in Q3 CC Lynas will not increase production at these prices. Some of the Things she said may lead you to believe she will increase production and inventory it. this is always possible but the expense of producing product for inventory would put them in the red and that is not good for SP either. Here is my post with recent news. You said 12% drop I said 10% difference I only was talking May
Post #:74286543The odds are overwhelming that prices will remain low for at least 6 months and AL will curtail production. Why do you need to wait to see two more Q reports? The unexpected can always happen but investing is about putting money where there is the greatest chance of success.
LYC Price at posting:
$6.54 Sentiment: Sell Disclosure: Not Held
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