Mal wieder Beitrag aus HC:
Okay Guys, always very important to keep an eye on what is going on
around us and not just focus on Lynas all the time.
As you guy are already informed or aware, China has slowly started
making its move of buying deposits around Australia.
Conglin Yue has increase his stake in NTU Northern Minerals to 19%
just below the threshold for a takeover.
Keep an eye out for for other Rare Earth companies like PEK as I
believe China may make a grab for it also.
Now China has it eye on another Heavy REE explorer TUC resources.
As stated in the article:
"Sydney analyst Haris Khaliqi of Foster Stockbroking has put a
“speculative buy” recommendation on heavy rare earths explorer TUC
Resources (ASX:TUC) after it signed a financing deal with Shandong
Provincial Bureau of Geology and Mineral Resources. The Chinese
company will, in several stages, take new shares worth A$19 million
to give it an eventual 50% stake in the rare earths joint venture
covering eight tenements in Australia’s Northern Territory. The
first stage will involve a A$4 million injection to take Shandong
There are two main points here. One, it signals another move by
China to locate heavy rare earths abroad as the country faces
shortages in the future; better to mine them overseas yourself (or
with a joint venture partner) than have to go cap-in-hand as a
buyer in a seller’s market. Two, as Khaliqi points out,
“importantly TUC has aligned themselves with a partner who has
access to specialised knowledge of HREE clay deposits and
processing technologies, which to date have been confined to
Do not be fooled, all they are doing is taking advantage of those
shareholders and buying up resources when they are cheap. They give
the shareholder the impression that they are doing them a great
favour offering great premium when really they are buying valuable
assets for peanuts.
Seeing what CHina is doing gives me confidence in the long term
future of REEs/Lynas especially Lynas' Duncan deposit, a rich
deposit with Heavy REEs.
The People that come in here and say look REEs prices is so low,
REE is crap whatever. I don't follow their advice, talk is cheap
and its so easy to sit behind the computer and bag the company. I
don't follow random stranger's advice, I follow what China does and
if China want REEs so do I. Don't be mislead and give up your
shares. I will holding onto them tight and no advice what you
should do with your shares.