OMG, you make a good point.The smugglers often dint care about...

OMG, you make a good point.

The smugglers often dint care about the sle price because the real Cop is not borne by them.

In the same vein, the Chinese REE's cop real value is only being realized now as the cost to repair damage to the enviroment is being felt.

I once knew a chap who worked in Queensland Railways... He told me of a foreman who was caught ordering 5% more steel rails and copper lines so he could get his team to load it up and truck it to a recycler so he could sell it off... His Cop was zero, he did not care that the real cop was far, far higher than he was ever going to sell the stuff for.... Quite an amazing story and i imagine him whenever i hear about Chinese smugglers... The sooner it is crushed, the better