LYC 0.29% $6.92 lynas rare earths limited

Greencape Capital: WES actions raise governance issues, page-16

  1. 11,748 Posts.
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    WES timing here suggests to me that by confirming extra process in Aust was acceptable it blows up any chance of LAMP ever taking care of this. Regardless of any debates on ownership, now prior product treatment is suddenly an odds on favourite. I guess holders await who puts the cash up, to then find out who owns what in the longer run. Product is good, demand is fine so for longer term holders it should all work out, but for many already long term holders that is not too attractive.

    Cheers
    Phil.
 
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