Check the date stamp, my post was virtually an hour before HY release, but note I was only talking LT trends now built into the business which I expect to become far more obvious over the next couple of HY, barring black swans. ATM these impacts also largely flying under the radar most analyst reports.
Of course ST prices have dropped, you fail to understand my comments re LT trends, just as you fail to understand my comments evolution 48VMH topology and its primary objective. IMO UBS have done some excellent work NdPr pricing looking forward three years, discounting their initial projections 10% '19, 6% '20 and approaching their $60kg threshold value '21. To me they appear to have a strong sense of reality based on review of peer mkts & business metrics, not sure any others have been able apply the same broad base research.
Good to see you now have a better understanding Lynas cost base re current pricing, via optimising & leveraging scale cost per kg should decline further, with no major impediments Delaysia. At the same time Chinese producers are realising the true costs of RE production via enviro compliance, last May CLSA put Lynas at the very bottom of the cost curve, marginally below Neo, then CNRE, that advantage very likely to grow, establishing LYC as the lowest cost NdPr producer, based on that research.
Have you ever seen a Going Concern notice PROMOTED by a company before, seriously emphasised? Lol, they are generally buried deep, and if addressed by CEO, a mumbled 4.7 sec, at best. Social media has been obliging, betting the farm?
LYC Price at posting:
$1.66 Sentiment: Buy Disclosure: Held
(20min delay)
