No my points and reasoning are correct, let just say I am focused on the business financials while you are obviously not, by happily creating *** arguments. Japan is not in the west, culturally it's about as East as you can get and still be in Asia! Next you will be saying Korea, Malaysia, and Vietnam are in the West too!
While I agree JOGMEC as the primary creditor "holds the controlling hand", we shall see which of us is correct in the near future ....
If JOGMEC and JARE forgive most of the debt owed by Lynas then I will happily admit you where right! Then Japanese will be really supporting Lynas as a business.
If however any Debt forgiving arrangement does not occur (administration), or new Debt arrangement results in heavy shareholder losses then I expect you to admit I was right! Then admit JOGMEC's involvement is nothing more than a business decision, based on Financial self interest seasoned slightly with a geopolitical flavor.
Most Chinese rare earth miners running at a loss, page-29
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