projected income and expenses , page-10

Nicolelee
" am of the opinion (if I'm allowed to have one) that what goes up must come down. With regard to REE prices I believe sooner rather than later. "

RE prices may well come down at some point in the cycle, the real question is by how much and when. Those of us who are in for the long haul believe those answers are different than the conclusion you have come to. I personally believe that we could still be seeing very attractive pricing for the next decade as demand will also rise due to the green factor associated with RE metals and the fact that at some point the peasants in China will get tired of dying of lung cancer etc and will demand better environmental conditions. Our pricing will also be assisted by the ever lasting search for smaller and smaller phones, laptops, cars, etc etc...

If we average $40 over the next 5 years that puts LYC around $4 per share, in my opinion a conservative estimate...time will tell :)