When you look at the issues Lynas is having and will highly likely continue to have, you have to wonder if this whole sovereign risk thing is becoming out of the question for any serious investor. The world is becoming increasingly unstable and a valuable commodity such as this could be snapped off us in a blink with the swipe of a pen or the barrel of a gun.
Tanz is better than many but we are completely in their hands.
Fine for a speculative punt but we need big funds, so who's stumping that up, and on what terms?
Ann: Ngualla SML being considered by Mining Commission, page-53
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