I started this thread when price was 6.58 Weehawken started his going up thread at 6.55 SP today is 6.34 considering time I would say both are wrong. I still think it is going down and will be below 6.00 by end of Aprill. Simple reason is with todays prices for NdPr I cannot see Q3 Revenue being above. $260M and Q3 '22 was $327 M. I also see Expense increases as AL told us in SAR CC. This will be a strong for telling of both Revenue and profits being down for 2023. This price decline will not be because of Shorter's, Manipulators, China or anything else it will be from declining Revenue. Most investors will have a good idea about how much H2 profits will be down from Q3 report. Lynas SP does not always follow NdPr but it is close. Other factors do have shorter term impact but long term the SP of any company is connected to what they can make and sell their product for. Left axis is NDPR right is SP. I deliberately set the scales the same except factor of ten. SP = RMG /KG WV /10
LYC Price at posting:
$6.34 Sentiment: Sell Disclosure: Not Held
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