Another drop in Nd today, 1/18/ 2019,    this one is  bigger...

Another drop in Nd today, 1/18/ 2019,    this one is  bigger than last three but still small 1.5RMB /KG, 0.5%,   This brings ND even with low since mid-Jan '18 

So price is currently 311.5RMB /KG.  X .85 ( removes Vat) = 265RMB converting to USD is 30.09.   used https://www.google.com/search?q=rmb+to+usd&oq=RMB+&aqs=chrome.1.69i57j35i39l2j0l3.4741j0j4&sourceid=chrome&ie=UTF-8   Now Lynas in Q report said high for CY  Sept 2017 was $ 64.50 USD no VAT.    This price was during  the only Half that Lynas showed really robust profits, AUD 50M.    Now the price is  only 60% of that.  I wonder if that will have an impact on H1 2019 profits?   Buy Buy Buy if you think it will not.   Of course there is still the Malaysian thing to worry about as well.