Before Q4 Conference call I expected 25M to 35 M for H2. I...

Before Q4 Conference call I expected 25M to 35 M for H2. I expected the Nd price spike during Q4 to contribute to Lynas revenue and profits which AL clearly said it did not. Said would see some effect in Q1. So I find lots of contradicting info on this. Combine this with there has been a major event every Q in FY 2019 and it makes any prediction subject to error. I made the 40 prediction when the stock was about 2.55. A 40 PE would be 2.55 / 40 = 6 cents times 661 M shares = 39 Million for year or 10 Million for H2. I said at that time my number was 50 PE, best case 40,

So I will stick with 10M to 20M for H2 but would not be shocked if outside that range. All numbers exclude forex gains and loses

I fully expected the price to jump last night. Simple reason the price had dropped 5 days in a row total AUD 0.31while NdPr had gone up. It was due. Instead price dropped another 11 cents and NdPr went up 6 RMB / KG. I would be very interested in if anybody has any ideas. I do not. Maybe tonight it will do the needed correction. Long term I expect price to go down more. The size and length of this decline with manly good news, license and reo prices, makes no sense to me. I bring this up because any major price change and PE prediction have to be adjusted for price. The current TMM PE is based on about 21M in earnings over last 12 months. 2M H2 2018, 19M H1 2019 so unless they make less than 2 M H2 2019 the PE goes down with AR.