mt kellett definitions, page-21

I've said it before when they first came on board, and were greeted as white knights and saviours - but Mt Kellett are corporate raiders, pure and simple. They are self-described "opportunistic" investors and partners. To paraphrase their own description of themselves - they are vultures.

Google up "Mt Kellett Baja Mining" to see what I mean.

Could this be NC and his banking mates hopping into bed together? Would Mt Kellett be holding out some incentive for NC here? Are Mt Kellett up to their eyeballs in shorting to drop the price?

Lynas are sitting ducks for smart cookies like Mt Kellett, and there is a real risk that Mt Kellett could end up with control of the company. What they would do with it if that happened I have no idea - but I bet they have "plans" already in place....

I wonder if NC and his banking mates also happen to have involvements with any Malaysian politicians - not saying they do, but just wondering out loud...

It is getting to the stage where I am seriously considering jumping ship, given that my buy price for LYC is around 30c. I can sell most of my holding and just keep a small parcel free-carried. But the whole rigmarole has already gone WAY beyond a joke, the looming Mt Kellett problems are only a coupe of months away, and this whole thing could turn to dust. My free-carried parcel would be a hedge just in case they came good and everything turned out rosy...

I know of at least one other long term holder who is thinking the same as me - and that got me thinking about bailing out too.