It is going to be very expensive to operate in Malaysia and it is apparent that it is way too early for Malaysia to accept the challenge of a new technology...
I know of a nation that would probably do back flips to welcome this new technology to their shores and my guess is the the president of this country would gladly do a joint venture to have the ability to access a consistent supply of rare earths...
Time to execute a soft exit and leverage all of the IP in a new and exciting direction. Lynas is looking for the future and Malaysia is not it... JMHO...
News: LYC Malaysia sets licence renewal conditions for rare earths miner Lynas, page-35
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |