REE Market Competiton Changes, page-3

I wouldn’t hesitate to agree with you fully here.
Its crossed my mind too
First Malaysia is very different from the Western countries.
Bribes etc are far more rare and met with serious penalty. 
Malaysia its all common practice. So the landscape for what LYC are enduring is very very different.
However the Chinese would try something no doubt. But then again youd think theyd do the same to Mountain Pass.
 By the sounds of what I’ve seen and heard from Dr Mair. He seems very intelligentand to have a pretty good grip on the situation. Whatever agreement is drawn from the MOU to give Shenghe a 60% stake would be water tight and in the best interests of shareholders. Considering hes a major stakeholder himself and hesnot going to want to set himself up for that trap.
Maybe hed negotiate a long term off-take. Maybe hed make a contractual clauseto cater. Maybe hed make the 60% subject furthered stipulations. I dont know.
I do know the MOU is subject to “market price offtake”. So its not like Shenghe can play up too much there.Which is its major play.
Whatever way however. Once the ML is through. The lodes worth is what its worth and will be added to the sp. Shenghe cant avoid that. They can try negotiate down the deal. But they cant do a forced takeover without shareholders consent to price and the market isn’t stupid enough to sell too far down under BV regardless of operational shifts. If they did. Wed already be very rich by that stage from current prices.

What are your thoughts on this bud? You normally have some nourishing food for thought.