We are in the most part Lynas fans here. And vvg26 makes a good case for us to wait and see in what way will the deal benefit LYC and therefore its shareholders? Having little choice we will all just have to just wait and see.
But this does not require that we make no comments about it if we have comments, as an example I would like to know who in Lynas decided that the references to The Crown Polymetallic Deposit was dropped from all presentations I can find after the March 2010 presentation. Page 27 of that presentation and everyone before that I can find had some good things to say about this deposit. World class niobium asset containing 475,000t REO. Scoping study completed-positive project value. Mineralogy and process test work underway.
As a Lynas shareholder I would like to know in whose interest was the dropping of the Crown Polymetallic reference in these presentations supposed to serve.
LYC Price at posting:
$2.01 Sentiment: LT Buy Disclosure: Held
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