take forge deal to the press..., page-3

Forget the media. It will do no good to anyone. Just checked this agreement a bit more. It says that "the proposed Forge subleases contain tantalum/niobium and phosphate deposits". A few days ago, Japan and South Korea invested $1.8 billion in a brazilian mining group that is the largest prducer of Niobium" This Niobium must be extremely valuable as apparently it is critical to provide the lightest and strongest cars. Maybe we, shareloders of Lynas should be given the options in Forge to share amongst us. Also this 1% royalty seems a bit low. I assume the WA governmet will be entitled to royalties and the FEDS will also take their cut in the mining tax. I don't know if all this make sense. I hope the shareholders will get their fair share of the cake.

Positions held: ARU, LYC,ALK, SDL, MHM, ACL
DYOR