LYC 0.66% $6.06 lynas rare earths limited

Totally agree with your deep revelations to NCs teal motive from...

  1. 1,648 Posts.
    Totally agree with your deep revelations to NCs teal motive from his acts.

    And I have a feeling that may be may be bound to LYC as a "destiny" of lost Crow and others that so-called "non-core" assets till As long as NC still be able to power on the Board of directors through a variety of different forms to transfer the assets. the best result may be --- NC and ordinary shareholders as the "W : W" compromise agreement.

    The biggest winner will be China, Crown would be as a target that purchased by Chinese control sooner or later, the magic money can make NC trying with many legitimate Form to doing "right thing" that he reckons.

    dont underestimate the enormous power of human greed.
    -----

    The ties that bind us to China
    September 10, 2011
    http://www.theage.com.au/business/the-ties-that-bind-us-to-china-20110909-1k22p.html

    "EACH working day the People's Bank of China buys more than $US2 billion ($A1.9 billion) worth of foreign currency from Chinese businesses and invests it overseas.

    China's outbound direct investment - the portion that matters to Australian takeover targets - has increased 30-fold in seven years. ''We've had something like 260 projects approved since November '07, $65 billion worth,'' says Frances Adamson, Australia's new ambassador in Beijing.

    Treasurer Wayne Swan says there is more to come. ''We've had three very big years and there's more coming if you actually listen to the sorts of conversations I've been listening to,'' Swan said when visiting China last week.

    Story continues below And Geoff Raby, the former ambassador, whom Adamson replaced last month, has shown his faith by trading his senior diplomatic career for a modest portion of the China-Australia investment flow. Dr Raby has taken directorships at five Australian businesses that have tapped (or hope to tap) into China's swelling investment coffers: miners Fortescue and Oceanagold, fund manager QIC, law firm Corrs Chambers Westgarth and Riverstone Advisory......."



 
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