As everything is going according to plan, what we're saying here is the only fundamental that can bring this stock down is the price of REE. Now all your calculation are based on 12 plus months of REE production at those prices..... still 9 months to start of production...... so assumption is REE prices will remain inflated for the next 21 months. This is a fair assumption being demand wont decrease and no competition is able to kick in in that time frame. So bottom line is ... will China change export quotas in that time frame, they will be under international pressure to do so?
Further more beyond 24 months from now the playing field could change dramatically with other supplies coming on line, who knows China may be ramping up production by then!.
Oh and dont forget they will have to pay back loans from that profit.
As everything is going according to plan, what we're saying here...
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Last
$6.30 |
Change
0.015(0.24%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.27 | $6.125M | 970.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 21871 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.30 | 42577 | 36 |
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| Last trade - 12.47pm 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |