LYC 1.60% $6.15 lynas rare earths limited

Ann: WES: Proposal to acquire Lynas Corporation, page-143

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    "But no customers"

    Wesfarmers have a history of getting/stealing customers one way or another. I say that as one that has lost a lot of customers to Bunnings over time. They did that by taking away our suppliers by making it a case of "only supply us of we don't buy from you".

    That said, they cant (easily) steal the know how or shorten the time necessary to establish a mining and processing establishment or have first mover advantage.

    On today's SP they would have to offer $5+ to get much interest.

 
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