CJ the more you write the more convinced I am that you spent your working life as a butcher employed in a small town supermarket and studied Popular Mechanics on the weekends.
Get over it, move on, the only issue there is whether NdPr prices will lift to UBS forecast to make the earnings number behind their PE, which I note you don't seem to be able to factor.
Will NdPr prices be driven by pure demand/supply, or Chinese "incentive" flowing thru to NdFeB, or most likely a combination of both?
Rare earth price report, page-37
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Last
$6.54 |
Change
-0.020(0.30%) |
Mkt cap ! $6.113B | |||
| Open | High | Low | Value | Volume |
| $6.60 | $6.61 | $6.50 | $3.830M | 583.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 19218 | $6.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.54 | 1412 | 5 |
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| Last trade - 12.01pm 06/05/2024 (20 minute delay) ? |
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Last
$6.55 |
Change
-0.020 ( 0.03 %) |
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| Open | High | Low | Volume | ||
| $6.60 | $6.61 | $6.50 | 134607 | ||
| Last updated 12.20pm 06/05/2024 ? | |||||
| LYC (ASX) Chart |