News: HAS Hastings Technology Metals Says JL Mag To Become 9.8% Strategic Investor In Hastings, page-6

I see this as a positive given particulars JLMag and despite inevitable CCP involvement. JLMag has a solid position in magnetics, and they are one of best customers to have in terms of volume, technology, outlook/sustainability. And there is a a meaningful difference between Chinese corporate investment and CCP state ownership and better still it's defined as <10% (quite sure they wanted more). I'd like to see similar ex-China investments by forward-looking CEOs.

The buy-in at 7 million certainly seems a shocker, I'll admit, what a deal for JLMag, though it reminds me all of Moly Corp was had for like $20 million iirc.

GLTASH