Funny a few weeks ago in your post Post #: 70172262 you said I should not use things you post, CJ dont use my charts to feed your rhetoric. Now you don't like people saying what you can or cannot do. I agree with you anybody can post what they want as long as they follow the rules as posted by hot copper, not other posters that make rules to protect their position. I also agree with Explorer13 your post are getting old as you continue to try and support your "Buy" opinion but I will defend your right to say this and will continue to read them.
I block no one. I can filter things for my self and some of my biggest critics have given me some ideas to think about.
I also congratulate you on what I see as a major change in your opinion will be looking for a big break out either way. Should you not change your position to hold with this statement? Have you realy bought any stock in the last 6 moths?
Q1 report will not be good.
I firmly believe the Q1 report will show substantially decreased in revenue. Not hard to figure. Factor in the 90 ~ 120 day book to bill delay and I guess that NdPrO production will be about 1.8 KT And I think you will see AU$ 200~ 250M decrease in that cash balance of 1 B that every one likes to say protects Lynas. Probably the same thing in Q2 and profits will be small in SAR JMO AU $ 35~ 45M. I see lots of pressure on down side with this and none on upside.
NdPrO prices Take a good look at the cash flow break even line. Factor in the 90 ~120 book to bill delay and decide for your self what operational revenue will be in Q1 and Q2. It is price times volume, it is that simple. I keep track of closing prices on Fridays. Without factoring in Book to bill delay here are recent prices Q2 2023 787 RMB/KG WV. Q3 673, Q4 664, Q1 2024 474. Add up the Friday prices and divide by 13 to calculate these averages.
Here are 2 charts for you to consider that tell a much bigger picture than your SP TA.
Lynas poor performance on meeting production goals They will make 1.8 KT again this Q but not much more based on history only time will show if I am wrong. If wrong, I will say so quickly.
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Funny a few weeks ago in your post Post #: 70172262 you said I...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B |
Open | High | Low | Value | Volume |
$7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1546 | $7.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.15 | 72361 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3520 | 7.120 |
2 | 280 | 7.110 |
2 | 2704 | 7.100 |
1 | 1000 | 7.070 |
1 | 72 | 7.060 |
Price($) | Vol. | No. |
---|---|---|
7.150 | 209 | 1 |
7.260 | 6000 | 1 |
7.300 | 2135 | 2 |
7.350 | 1360 | 1 |
7.380 | 2300 | 1 |
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