There are both pros and cons to this, as many have pointed out. Personally, my main con is that I don't like MP (resource/management). They are blowing smoke up inverstors ar$e re heavies.. However, should we be able to keep the DoD funding post a merger, plus a renegotiated light REE contract (say another $400m), then the benefits may start outweighing drawbacks.
The main positive is that we would likely be at a point where we can set out prices more independently from China, which I'm sure all of us would love.. We would also, I presume, stop exporting to China from MP, which could spike intra-Chinese prices.
Ultimately, a merger would should only be considered if LYC is in the drivers seat.
LYC Price at posting:
$5.83 Sentiment: Buy Disclosure: Held
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