Maybe? If they shut down it will be bad for LYC SP. Prices of NDPR are down nearly 50% in 9 months. With NdPr still falling and now at 67,25 USD . KG NV it will be come very hard for Lynas to make a profit in Q1 2024. YOY numbers for Lynas for 2023 and H2 2023 will be down. Where do you think this will put stock price?
So for right now i am sure that the concern over lamp has little to do with stock price where it is but if you look at a chart this slide started with SAR. will continue with Q3 &Q4 QRs Remember there is a book to bill delay so it is not hard to know that Q3 will be off a little but Q4 will take a hit.
LYC Price at posting:
$6.34 Sentiment: Sell Disclosure: Not Held
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