"So we have Lynas telling the market that they HAVE submitted the plans to fulfil those two conditions, and the AELB saying that they haven't?
One of them is telling porkies...."
No.
Lynas say they have submitted plans, and
ALEB say "they have yet to meet the two additional conditions set by the minister".
So the process is something like:
Lynas submit plans > ALEB review plans > ALEB ask for changes or clarification > Lynas re-submit > (repeat as necessary) > ALEB approve plans > Lynas implement plans > ALEB inspect implementation > ALEB approve plant > TOL issued. Simple, probably wont take more than a few months.
aelb briefing, page-103
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Last
$7.73 |
Change
0.030(0.39%) |
Mkt cap ! $7.197B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.82 | $7.67 | $1.297M | 167.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 5129 | $7.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.74 | 7845 | 15 |
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| Last trade - 10.38am 21/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |