Replies to post #56426 on Sunergy, Inc. (fka SNEY)

[mikeymgd]

I think a lot of that has been priced in already. It has been known for a while now that China will raise output. I think the collapse in REE pricing over the last 6 months has found a bottom.

Of course there is no guarantee but I think China will simply cut again if falling continues.

http://www.metal-pages.com/metals/neodymium/metal-prices-news-information/

SNEY can still profit from REE's but no where near the profit of last years prices. Nothing wrong with thinner margins as long as its still economical to separate them. I plan to go through the old PR that said it was about 8600 a ton in value. I would think it is more around 5-6k a ton today. It will take some time to try and get the break down of material and pricing. Add to that the new material detected that could help offset the lower REE values.
.