LYC 4.43% $6.25 lynas rare earths limited

rio tinto shows the way, page-22

  1. 11,737 Posts.
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    This is probably the most significant comment for the st sp.

    "However, CNMC remains optimism about the deal. An official from CNMC said "There is no problem for this deal to come through, FIRB just needs more time."

    Officials from CNMC also said the company will re submit the application to FIRB as requested."

    However should the Rio/Spy thing blow up, LYC could end up a beach ball bouncing around, with lots of world coverage perhaps getting too much of a peak at the 36c deal, CNMC will be thinking about this too, I expect the application is already back in, I wonder if it is for less %

 
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