tol issue tuesday, page-6

Jimdotcom - IBT 16/5 - here you go:

from http://au.ibtimes.com/articles/341494/20120516/rare-earths-lynas-corp-malaysia-china-manufacturing.htm

On Tuesday night, the Atomic Energy Licencing Board (AELB), the agency that granted the highly controversial TOL to the Australian rare earths producer, said it had received instructions from the Ministry of Science, Technology and Innovation (MoSTI) to defer the actual release of the licence pending its decision on an appeal filed before the ministry.
"Pending decision on the appeal, the minister had instructed the board to defer issuing the TOL to Lynas," Raja Datuk Abdul Aziz Raja Adnan, AELB director general, said in a statement.
"(But) until a decision has been finalised by the minister, the order to suspend the TOL to Lynas continues to be in force," Adnan said.


NB I don't necessarily think it is a bad thing if my conclusions are wrong and the decision comes, say the following Tuesday... I have believed for a long time that the SP will be $1.30 the session before TOL is issued... doesn't give us much time if I am right... but I do think the SP will head up and up all through next week in anticipation in any case.