LYC 2.72% $7.14 lynas rare earths limited

News: LYC Malaysia sets licence renewal conditions for rare earths miner Lynas, page-126

  1. RVR
    6,382 Posts.
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    And we long-suffering shareholders who’ve had NO RETURN on our investment for 8-9 years really deserve to see a harder-nosed ‘commercial attitude’ now that the world’s only RE processing and separation plant outside China, with a very hard-won IP MONOPOLY that’s largely overlooked by the world customers is in full production to ISO standards. (I’m certain that no other comparable plant could be built and into production within 7-10 YEARS, because of the extraordinary complexity of RE processing technology.)

    And Japan in particular, who largely funded the current LAMP, would be devastated beyond measure if Dr Mahathir allowed the minor politicians to achieve their decade-Long dream to shut down the LAMP. (And it’s now clear that Minister Yeo, despite her scientific credentials, has a history of supporting the political opponents of the LAMP, as shown by her closeness to Fuziah and Wong Tak, and her immediate additional announcement yesterday following the Review Report.

    Lastly, it’s clear to me that this ‘Report’ must have been largely compiled BEFORE THE Committee ever met. Because there’s no way all that mass of selectively presented data going back six years could have been brought together by those six individuals in the time since their appointment, in my opinion - after laboriously translating it over past nights.

    So I’m left to wonder WHO compiled the bulk of the ‘Report’, noting that its conclusions are in conflict with the largely supportive evidence given by senior MESTECC Government officials, with full access to all the environmental safety data, given to the recent public hearing.


 
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