"What alternative does MP have?" did you do even 10 seconds of research before saying that? Cash assets MP US $ 998 M = AU $1,535M Lynas AU$ 666M MP clearly has a better Cash situation, 2X better than Lynas Book Value MP US $ 2,336 = AU$ 3,594 M Lynas AU$ 2,201M MP is clearly worth 1.6 times Lynas value.
Why do you not sit down and do a small amount of research and explain why Lynas is in better shape that MP. I have done this and if there was a merger I am sure you would see That Lynas is not in as good shape as MP. Yes MP was in red but compare a few YOY numbers and listen to CC then explain why you are correct. I Look forward to Your explanation using data from both companies.
Just for record AL look tired and thin. She stuttered a lot not only answering question but also in her prepared remarks. Made many mistakes all of which looking at one at a time were minor but when taken collectively makes me think she is very worried. MP on the other side listed some major problems and got them out and then said what they were doing about them.
LYC Price at posting:
$5.71 Sentiment: Sell Disclosure: Not Held
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