HAS 1.69% 29.0¢ hastings technology metals ltd

Ann: JL MAG to Become 9.8% Strategic Investor in Hastings, page-8

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  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4975
    Few differences... Hillside is an economic deposit of Cu, Yangi is an uneconomic deposit of REE, FIRB don;t like China owning Oz REE deposits, but have no problem with Indonesians owning Cu deposits... otherwise I agree, China is the only place to sell Yangi con and the only ones likely to build a marginal RE mine because they make all their money in downstream processing, need to import RE feed, and want to maintain dominance of RE market through over-supply of cheap RE feed and domination of RE-mag products...

    $7M and China @ 10% ownership doesn;t seem to change the dial on HAS situation though way I see it?

    GLTAH
 
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