Nd down 3% in two days., page-14

Gee I do not know what to say. You seem to be disagreeing with me but most of what you say supports what i have been saying since Last March

“What don't youunderstand about survival as important?” I think it is very important with out it nothing exist. Please reference where I have other said otherwise. Good move I guess to try and say I do not believe something so basic makes me look pretty bad, trouble is you can find nothing to support your statement. Some of you pawns probably believe it now.

So couple of points yes I agree that with environmental items on China side and NEXT on Lynas side Lynas’s costs are lower. This has been the goal for over 8 years rember the arguments between NC and Smith about who was lower. It has been clear for a few 1000years he with lowest costs has an advantage. So I agree.

“While COGS is but one important metricit is one that is largely within control, get that right as a primary objectiveand it leverages thru the rest of the operation where you don't have the samedegree of control” .How is this any different than what I been saying. hate to repeat myself but Cogs, prices, and volume are the three most important things they all work together. Then add in other gains and loses and you have profits. Guess I don't see what is different.

“To remain competitive NdPr > NdFeB> PMM must retain/build on its cost/efficiency vs alternatives, whichimplies a price threshold thru the MSC and most specifically NdPr which largelycontrols NdFeB. Highly unlikely that threshold is anything like the $80/90kgtouted in the various hard rock fantasy studies, in fact UBS's work around$60kg "barrier to entry" pricing looks far more realistic.”

I have no idea how many times you have implied that I like the hard rock REO companies. ASK Toly I said they were phony even when Jack L support them. In fact there is more REO in some of Lynas’s waste. But again you bring it up as if I support it which I don’t. Whish you would get a better memory.

Not sure how much you can tell me anynumber you want, but some references PLS . But did you think what this means before saying it? if they are cutting back and prices are still falling what does that mean? Simple economics is demand has to be lower than china cut back plus Lynas increase. If this was not true then prices would rise. So demand is falling. In fact it is because demand is falling they are cutting back. Can you give any other explanation?

I do agree with you Lynas chances of survival are great. I am very cautious but I did start buying a little after H1 report. If I did not believe Lynas’s chances were good why would I buy now. I posted when I did this several times. If you need it I will find post numbers.

Now I have a question for you what don’tyou understand about my opinion that REO prices are going down. That this will lower Lynas SP in the near future. That Lynas is very well situated to take advantage of the recovery which will happen and when it happens the SP will soar. Can you give some data of why this has not been true for over 9 months? Why do you always try to turn my short term prediction into a life time prediction? Is the only way you can argue is corrupt what I am saying?