Oh well believe what you want. If you think AC is going to raise REE prices that is up to you. I am going to stick with my below AU 5.00 estimate 2 weeks after AR. The fact is that Profits will not support even that price unless NdPr jumps close to 350 RMB / KG WV.
We will just have to wait and see, Make sure to put something in your Calander, in early September to tell me I am wrong, and how you were correct in holding for the last 3 years.
Note to have an AU 6.00 price at a PE of 20 Lynas needs, 934M shares X $6 / PE 20 = AU $ 280 M in profit in the AR. they had 39 M in SAR so they need about 240 M in H2. could you show me with real numbers how they can do that. I doubt they will have half of that 120M. $160 M total for 2024.
Doing this will help you to think not just dream and hope. For record 50 years ago I invested on hope and dreams. I am now doing much better investing with rules and data.
BOL
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