Switzer,
Ignore the facts now and the deal will go through regardless of its value to LYC shareholders. Had we ignored the facts and let the deal go through in the past the Chinese would have had control of LYC and the rare earths business.
According to your argument BHP should sell everything but iron ore and concentrate on one thing. Just as I hold many types of shares to spread the risk then so should LYC have more than one string to their bow. If the deal goes through our CEO will spread his time over the two projects anyway so why should he, or someone else replacing him, not do the same under the LYC banner.
The deal stinks of greed. Individual greed.
what nick has to say on sky - switzer, page-18
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