Neodymium oxide had been stuck at 345,000 rmb / ton for about a...

Neodymium oxide had been stuck at 345,000 rmb / ton for about a month
2/28/18 Neodymium oxide price is up 10,000 to 355,000 rmb / ton on Chinese site (https://hq.smm.cn/xt), up 20,000 on Ruidow site (http://en.ruidow.com/product.php?w=4) to 365,000 rmb /ton
10,000 rmb / ton = 8,300 rmb / ton after 17% inside China VAT is taken out to get the world price
= 1,682.42 Australian dollars per metric ton
= 1.682 Australian dollars per kg

Lyans 2018 neodymium production will be 7,200 tons/year
At 10,000 rmb/ ton, today's neodymium price increase will add 12,110,400 Australian dollars straight to the bottom line
550 million shares issued as of 12/8/17 plus 128.7 million shares of convertible bonds out there.
In January there were two bond conversions, but total diluted share count was unaffected.
Total diluted share count is still 678.7 million shares.

Each 10,000 rmb / ton results in additional profit dropping to the bottom line of .0178 Australian dollars per share
At a pe of 18, each 10,000 rmb / ton is worth .32 Australian dollars per share or .25 US dollars per share

Using the Ruidow site price of 365,000, the last two days’ neodymium price jump calculates to a Lynas share price jump of .64 Australian dollars per share! That’s 30% sports fans! Should show up soon in the share price.