RE:Hope western governments have this stock on a list.
I will add one more thing, here is a line from a Stifel (November 2022) research note:
"Neo's share price has been plagued by geopolitical issues given roughly 80% of its production capacity is located in China and 36% of TTM sales occurred in that region."
Many people think NEO is away to play rare earth metals outside of China, but the company business is still very closely tied to China. As such, a deteriorating geopolitical situation with China is negative for NEO as it is for many other sectors and companies. Furthermore, the proximity of its EU facilities to Russia further complicates the geopolitical risk. Again, not to say these factors fully explain why the stock is where it is, but I haven’t seen this shared on this board before.