jack lifton and neodymium, page-21

With reference to chinese intervention in aus companies,
check out pna.
Just got a massive boost, by chinese investing a very high rate per share, imo, and only get 19.9% shareholding!

For arafura and lynas to 'give away' anything beyond 19.9% (take-over threshold in my old books??), is beyond me!

pna is highly valued for the minimal return, imo (but do own research), and yet, for example, aru is basically cash positive from the day it starts mining / processing!
Quite amazing really.
We do have a sleeping giant, and are vulnerable to having the giants limbs taken away, until just the toe nails are left!
Well said pirra, Rudd and co NEED to wake up.
Maybe mgt of our co's need to also wake up.
Short term gain in $$, may be atractive, but we need the longterm view.

Cheers :)