There is a possibility that Mk just want to make sure if Lynas fail for any reason they can still become the controller of the company to protect its interest. Similar like oak tree for Molycorp.
In case if they own half of the company I doubt it is easy to sell even 5% to the market. Lynas can drop to 3c easily if they really try to do that. Mk will not be successful to cash in easily.
If you think they can find buyer I also doubt with that since Lynas major customers are Japanese only. Unless the buyer is from japan and 100% sure sales will be stable otherwise it is very risky.Mk is go to spend a lot of energy to make this transaction happening.
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