LYC 2.70% $6.12 lynas rare earths limited

$1 billion market cap - no profit in sight..., page-39

  1. 200 Posts.
    Sadly the reality is that Malaysian politics is at play here , When it comes to politics logic is thrown out the window .
    This is a example in Australia what can happen.
    The business consortiam representing supertrawler Abel Tasman applied for a fishing license to fish en masse in Australian waters .
    The consortiam jumped trough hoops and ticked all the boxes invested $10s millions satisfy goverment enviromental demands .
    With all goverment agencys involved a fishing license was granted.
    The ship and crew now sailed for australia ,
    When the ship arrived in Australia only then did it awake local fisheries groups.
    Politics now came into play and the fishing license was suspended .
    LYC has a fantastic business plan ,we are already witnessing things not going to plan due to politics
 
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