Morning troops :)Good article, but it omits to mention the...

Morning troops :)

Good article, but it omits to mention the valuation put on Crown by Lynas itself ages ago, of over $50 BILLION. And the price of REEs has gone up over 5 times since then. So the "in-ground" value of Crown is potentially massive, Forge don't have the wherewithal to develop it unless major instos like JPM etc are already in on the scheme and will be raising the capital for Forge once the deal is done, and NC will be multiple millions of dollars richer.

And the article also omits to mention the role of Riverstone Advisory, of whom NC is also a director/CEO. They were renamed from Sino Capital only a week or so before "advising" on the deal.

Then there is the role of China in this, including one Harry Wang, who is tied to LYC and Forge, as well as being ex-director of a major Chinese minerals corporation....

Don't forget that China tried to gain control of LYC only 2 or 3 years ago (in cahoots with NC) and was knocked back by the FIRB. They are desperate to get their hands on as many REE deposits outside China as they can...

Good article, but all the stuff that was left out - I wonder if that is for a follow-up article? If not, perhaps it should be....