Wow my time to Top up, page-55

Brando could you please check some facts before you post. Its current PE is about 33 not 20 this is and important number and you should now it. it is on every stock price page.

If you want to use NEXT rates for your numbers that is OK by me. Next rate is 1800T a Q . Depending if you want to to use Next being competed when Pr started shipping then they had 7 Qs at full next before covid. PR is less than 2 % of total shipments so not significant so I use 9 Qs in those 9 Qs they never shipped 1600T in a Q. I will use 1550 a Q till i see a Q or two over 1600. I will raise my number as they show higher production. I think it is a little over optimistic to use NEXT rates Until they show production for at least a Q that is close to it.

Start your research by looking at
https://wcsecure.weblink.com.au/pdf/LYC/02224842.pdf PG 7of 8
it has a nice chart on Q NdPr production Q4 16 - Q3 20 then look at a more recent Q report to see what happened when Covid hit. they killed the long term chart because it showed just how bad Covid hit them. Amazing how people can look at numbers and have no idea what is going on. Give them a chart and it is clear. It is why I record data and make charts to look at.