I meanwhile have a totaly new view on the non chinese REO-producer development:
Lynas comes into production within 26 weeks from now. Than.... nothing.... month over month... nothing.... prices higher and higher... lynas more and more cash... what should we do with all that cash?.... dividents? only?.... NO!... why not buying and buying competitors?... some buying for making more money... some buying to put them on ice.... buying HREE depositis... buying arafura... buying moly corp (even if they never will produce)... buying the whole non chinese REO-chain.....
arafura by example costs right now only 290 mio AUD. thats one month of production in late 2012... i think using the one month chashlow of pahse two in 2012 to buy lynas is dirty cheap.
i belive lynas will be the one and onyl big elephant outside china and absurbing everythink with one gramm REO in the asset.
arafura news - great news for lynas!, page-7
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