LYC 3.47% $6.67 lynas rare earths limited

Ann: Malaysian Regulatory Update, page-89

  1. 467 Posts.
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    That’s a shame, well done for sticking in there for so long. Whilst Condisoil has not been approved, that doesn’t mean that Condisoil will not be approved. It has been option 1 for a long time, and since the Govt. have not approved it or rejected it, then we’re only assuming that it will not be approved. This whole situation is not mass hysteria, I would argue that it’s media hysteria, and that had been the problem all along. Also, shorters have been having a field day, and all of our confidence is getting eroded because the SP is going the other way we want it to. Remember that we’re not on our time scale with this situation, we have to ride the wave that it is. The shorters will need to cover at some point, nearly 60mn shares... it comes down to who really knows Lynas better? You or the shorters? You vs Fuziah Salleh and Wrong Track minded? Amanda and the team eill get through this. If you have not immediate use of the money you sold, buy back.
 
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