It an interesting viewpoint, thanks for sharing. (I'm not sure...

It an interesting viewpoint, thanks for sharing. (I'm not sure the technical thread is the right place though)

I would regard any area above a "Breack even" line as being 'positive cash flow" rather than defining it as a specific line or level. That line looks like your opinion and I'm not sure whether that position is relevant or reasonable.

Overall, It's hard for me to understand as you're blending a graph of historical commodities prices for a single product in RMB when Lynas reports in USD. So not sure what conversion rates you're using, whether they are constant or whether they change over time in your calculations?
it looks like market prices rather than Lynas sale prices and gives no respect to sales volumes or other products they sell?

The explanation of the 'Good profits' line sounds to me like it's your opinion rather than any statistical measurement and your description it's mixing the concept of Price to Earnings ratio of the company/share and trying to graphically link this to a spot price of a single product which I think is misleading.
I'm not sure what you suggest a P/E of 10 - 20 represents? Does that mean a decrease from today? An increase in earning related to the spot price?

As an investor, I'd look for the lowest P/E possible and regard shares with higher P/E's can represent an overvalued or speculative shares? (higher = bad IMO). Not sure if that's the point you're making or not here?

I find the diagram confusing but I interpret it and your explanation as suggesting it represents an indicator of long term value of Lynas company? Is that what you're suggesting? Let me know if I'm way off track,but that seems like the intent.

There's a bit going on! but I'm trying and appreciate the explanation.
I don't think you need to post it everywhere across the HotCopper though.

You seem to suggest this graph represents an indication of long term value. I think that's what your message is, but admittedly struggle to understand..

My view:
My view is yes I agree that the NdPR price is falling in that graph over that time frame.
I think the horizontal lines are irrelevant and should be removed as they are subjective and convoluted.
I think the scale would be better if it's in USD rather than RMB and you explain how it's calculated.
I don't think the graph is an indicator of long term value. It gives no indication of sales volume or future demand as a starter. (other points might include the drilling of Mt Weld resource and throughput expansion if it's meant to represent future value)
I also think the period is too short and you're comparing market prices from what was reported as record year for Lynas. Yes the market price of that product is lower. Commodities prices do fluctuate, so I don't think using a single year is particularly useful sample for an inference.

Hope that helps explain my viewpoint.