I had a detailed conversation with Alistair Reid from Lynas yesterday.
Some important points as noted during the discussion -
1 - The PSC is due to meet with the minister on Monday 21st May. The final review report will be forwarded by the PSC to the minister for consideration and decision.
2 - This is a critical step closer to the approval process and is in fact the last major hurdle before an announcement is made regarding the Tol.
3 - I'm confident that a decision regarding the approval of the Tol may be made on Monday 21st or thereby soon after.
Have faith :) The answer has always remained in the background, if one knows politics one would know that the Malaysian government has to come across as if a detailed engagement process has taken place and that all angles have been covered for any possible future objections.
Must I remind you that Lynas was in fact "invited" by the Malaysian Government to do business, this alone should reassure you.
Lastly, I reiterate that the minister’s decision is "final"
All the best guys.
LYC Price at posting:
92.5¢ Sentiment: LT Buy Disclosure: Held
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