I'm on the fence. Here are a few thoughts of mine.
I think MCP got NEM on the cheap side, I wanted more, but I may be overly optimistic regarding the risk assoc. with operating in China. I think a counter offer would really generate some more interest.
As NEM CEO Konstantine (whatever) repeated on BNN today, NEM now has security of supply for RE; so that is good for them.
But if I understand this all correctly, MCP & their Mountain Pass project has LREE only, while NEM specializes in HREE. Someone else also mentioned this today; that MCP now needs an HREE supplier to complete the pie.
Until today, I was going to stay away from MCP, but tomorrow or the next day, they may also announce the M&A of GWG:TSX as well, and if so,I would be on board with the whole venture.