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Westfarmers wants Lynas, page-38

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10/04/19

11:01

Post #: 38075112
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Originally posted by ausheds: ↑

You simply don't get it Mr Chi, Malaysia backwardness has been pushing Lynas expansion back to Australia for some time now, Mahathir's economic hari kari has now pretty much confirmed it, and you will shortly see the first stage of contingency planning.

Initial loss to Malaysia will no doubt be a good proportion of the 100% Malaysian C&L team & their families opting to take their unique skills & experience to a First World nation, that stopped believing in witchdoctors a couple of centuries ago. Several successive pieces of plant innovation have been named for their skill & hard work in wrestling C&L to the state of optimisation it has reached after 6yrs, their input will be vital to getting Australian operations up to steading state quickly, as no other can do.

Relocation to Australia will be a staggered process, with an expansion element. Remains to be seen what is economic to repatriate after initial C&L is established but much can be funded from CF, LynasNext evidenced the judicious use of cash.

Ultimate irony of course would be Japanese metal maker relocating to Australian to leverage LAMP2, something Malaysian intransigence constantly prevented.

Appears WA Govt well aware of the unique opportunity your backward politicians seem quite happy to squander. GL with your palm oil economy.

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heaven forbid a country asks a company to clean up their radioactive waste.

Originally posted by ausheds: ↑

You simply don't get it Mr Chi, Malaysia backwardness has been pushing Lynas expansion back to Australia for some time now, Mahathir's economic hari kari has now pretty much confirmed it, and you will shortly see the first stage of contingency planning.

Initial loss to Malaysia will no doubt be a good proportion of the 100% Malaysian C&L team & their families opting to take their unique skills & experience to a First World nation, that stopped believing in witchdoctors a couple of centuries ago. Several successive pieces of plant innovation have been named for their skill & hard work in wrestling C&L to the state of optimisation it has reached after 6yrs, their input will be vital to getting Australian operations up to steading state quickly, as no other can do.

Relocation to Australia will be a staggered process, with an expansion element. Remains to be seen what is economic to repatriate after initial C&L is established but much can be funded from CF, LynasNext evidenced the judicious use of cash.

Ultimate irony of course would be Japanese metal maker relocating to Australian to leverage LAMP2, something Malaysian intransigence constantly prevented.

Appears WA Govt well aware of the unique opportunity your backward politicians seem quite happy to squander. GL with your palm oil economy.

Expand

LYC Price at posting: $2.13 Sentiment: None Disclosure: Not Held
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Westfarmers wants Lynas, page-38

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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Sellers (Offers)

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Westfarmers wants Lynas, page-38

Top Stories

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News