Originally posted by ausheds
Precisely, I deliberately put it that way so you specifically could understand the mark back by UBS who are probably the most realistic on prices of any analyst.
I also make the point that UBS, totally contrary to your good self, have NOT marked back their NPV as a knee jerk reaction EBITDA rather an 8% allowance IF WLP export is required.
Again, TOTALLY contrary to the fanciful prices employed recent "DFS", UBS have marked back both immediate & near term NdPr assumptions with the telling comment: "We have pushed out our assumed recovery in pricing, driven by rapid uptake of electric vehicles."
Appears they also believe BEV is proving rather tardy. Dare I suggest a demand not yet factored by the mkt?
Regardless their realistic/conservative price assumptions/mark backs NdPr thru 2021 they have EPS & Net cash literally exploding from 20FY.
BTW, your claim "
Pr had purity problems" is totally false, Pr always takes longer to process, like 21 days in circuit, and AL commented to effect, a little trickier to bring up to spec. That is NOT a problem but an example of the growing body of IP that puts Lynas light years in front of the wannabes.
Lol, can't resist a little hyperbole, Lynas now Starship Enterprise ROW RE, currently dealing with The Xindi.
Sorry about purity problems. I guess I misunderstood AL. I assumedwhen it was out of spec it was a purity problem. When it wasrequired to be blended back in and reprocessed (adding cost ) it waspurity. What would you call it? Does not sound likejust a slower process. Nowhere did she say it was just a longer process could you give a reference for that. From the transcript of Q2 CC
"As we indicated, we have achieved on-specNd actually in the December quarter. Pr, we've got some of that, but withoutyet the stability that we have had -- that we've achieved with the separatedNd, it's a more difficult material to produce which is, of course, why itbrings with it a price premium. However, it is moving through. It's not anissue for us, by the way. With this, one of the neat things is we can simplyblend material back in if it's not on spec specifically. But about 25% of ourproduction we would expect to be a combination of the separated Nd and Pr. Justa " AL https://finance.yahoo.com/news/edited-transcript-lyc-ax-earnings-083431282.html
JMO but this does not sound like just a longer process.
Yourstatement ” BTW, your claim "Pr had purity problems" is totallyfalse, Pr always takes longer to process, like 21 days in circuit, and ALcommented to effect, a little trickier to bring up to spec. That is NOT aproblem but an example of the growing body of IP that puts Lynas light years infront of the wannabes.”
And againyou find the need to slam the wannabes. I do not know of a single viable competitor so who are these wannabes you have this insatiable need to put down in many posts ?
[jg1]
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