LYC 2.72% $7.14 lynas rare earths limited

Xi Jinping’s Economic Plan, page-21

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    I should define low. In June 2023 I said NdPrO would trade in a range of 450 to 550 RMB WV. I consider anything below 600 RMB low. As far as making fair profits for Lynas. (600 -350)/ 350 = 71%. It would take a 70% rise in prices to take REE prices out of the low category. Probably 800 to make good profits. As many on this board said when prices were rising all price changes go right to bottom line. Most have forgotten that as prices fall.

 
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