Obvious Takeover target now

It seems obvious to me, that IXR has now forced 3rd Parties to make a takeover bid for IXR !!

IMHO non-expert opinion, there is no where the parties involved in the rare earths processing industry to go, than for a 3rd party to come in, and bid for IXR, or to overbid the terms of the MOU with the Chinese.

I cannot believe that IXR has signed an MOU with their biggest competitior being the world leading Chinese rare earth producer.

I think they have done it, to force another 3rd Party to either provide better terms to the Chinese MOU, OR launch a bid for IXR, and dump the MOU.

It looks like a good deal for IXR if the aim is to develop Makutu and get to FID quickly, and preserve capital.

Everything we here from IXR was that Chinese have stranglehold on rare earths, and that it is IXR which will provide an alternative source of rare earths for the world to utilise !!!

So just WHY would these non-Chinese customers around the world, be happy to see the Chinese actually increase that stranglehold over these rare earths ???

So IMHO, that leaves only the two options above !