LYC 2.72% $7.14 lynas rare earths limited

Takeover target, page-12

  1. 7,730 Posts.
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    Let me spell it out I represented a corporation not an individual. I totally agree the older generation was very hard working the latest not so much. I also totally agree about respect for their work place. That respect starts problems for out siders. This is because Japanese are very honorable will protect you. But if the work place requires them to do something they would never do personally they will do it without a second thought. Many times deals were worked out and then someone at a very senior level did not like something. The corporation change so the individual denied everything that went on before. Take you out to dinner be very respectful but not a mention on what happened before. Your statements of support are true but they were in regard to the problems in Malaysia nothing to do with WES. You should be more careful about applying things across different problems. Do you have anything that says that Japan prefers Lynas over WES? From what I see they are going out of their way to stay neutral. I hope WES fails. But I have no illusions about Japan rescuing Lynas from WES. Malaysia yes WES no. A strong clear statement from Japan that they do not want to work with WES would send WES running. No way is Lynas worth anything to WES if they cannot have the same relations as Lynas does today with major purchasers in Japan. They do not need Japans money but they must certainly need their purchases of REO product. My guess, which I cannot prove, Wes has probably already talked to Japan. It is just standard good due diligence to talk to customers before purchasing a company. If they received any negative vibes I am sure they would have bailed. Do you really believe WES would put this offer out without finding out how Japan felt?

 
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