I didn't realise you could just ring up and have a chat. I might do so myself. Whilst I'm happy that Dr. James spoke to you directly he did not answer the fundamental questions of why give mining rights to Forge which is a very very under-capitalised company and which is being headed up by the same guy who heads Lynas. It could only mean there is another agenda and that perhaps NC plans to leave Lynas to concentrate just on Forge as it would be too much to run Mt Weld and Crown all at the same time.
Also, if this is really so they could easily raise more then 20mil from us shareholders to create a new entity that everyone at Lynas could have a pro-rated (depending on current shares held) stake in. That to me would be fair and the new company created could concentrate soley on Crown.
I wouldn't mind if NC held an open q&a like he does for the quarterly review. I'm sure that would be very beneficial to answer some of our concerns.
LYC Price at posting:
$2.09 Sentiment: ST Buy Disclosure: Held
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