worzel1 I personally have my reservations about this scenario.
I personally feel that the 'Crown, Coors, Swan resources' go to make up and are an integral part of the suite of Resources encompassed by Mt Weld. As such they should Not be classified as non-core assets and should be developed by Lynas when time permits. This will be to the benefit of all shareholders in a fair and equitable way. The sooner N Curtis backs away and rescinds this proposal as a 'not so good idea' the better for all concerned. I hear what others are saying about NC being an integral part of this company and I (being a LT holder) also agree with nursery when he says that shareholders had much to do with LYC being saved from possible financial crisis post GFC. I am not one to harbour a grudge and NC has done lots of good things (among the bad things) for this company and I feel that if NC backtracks on this proposal and suggests it was not such a good idea Then Just Maybe We Can Leave It In The Past and have NC and the Board of Management take our company from 'Being on the Verge of Greatness' to being a 'Truly Great Company'.
LYC Price at posting:
$2.27 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)