Interesting read, page-14

All true but I think demand for the RE suite will not drop by much if any due to the increasing role of PM motors, over all market can reduce but due to changing mix RE suite should be ok, add that to the fact China is consuming an increasing amount of their own RE Lynas will still have no issues selling all they make to ROW markets even if there is no growth.
Prices being as low as they are at the moment is essentially killing any change of a serious ROW competitor coming any time soon, also killing any increase in Chinese production, less incentive for illegals not including any "crackdown", why would people produce illegals at current values?
Still some flow through of inventory to occur after the recent slowdown but when this reverses it should come in quite strong, money will flow to RE investment but the time-frames for any decent ROW production increase "other than Lynas of course" would be several years.
Truly amazing the system the Chinese have managed to create importing concentrate from ROW sources at bottom feeding prices to sell it back in high value items!
They have so completely outplayed ROW it's just incredible!
The ONLY existing offset to this is LYC, I'm not that experienced in investment markets from a time point of view (approaching 12 years), although in my time and from the research I have done I cannot recall a time in history when a Country has controlled one commodity market so completely since Rockefeller.
This is domination on a scale of historical significance IMO with LYC being the ONLY counterweight in existence.
Having said that and being VERY bullish on the potential in LYC I am maintaining a HOLD sentiment for 2 reasons:
1- I hold more than I should
2- if things play out as I expect this should 10 bag within 5-7 years

Ps: good luck everyone whichever way your playing this and keep up the sharing of research and opinions