Hi Bottch, IMO the LAMP issue is not black and white... There may be some conditions posed by the International committee in conjunction with LAMP approval and if fact I would be surprised if they're wern't...
LAMP is too big a project, too important to Malaysia, too important to future projects requiring REEs and too important to the investors in Lynas to not be approved in some manner...
One would have to imagine that Thorium problems that face Lynas will be the same problems other REEs will face...
It has been stated rather adamantly by several posters on this board their opinion is that LAMP would be approved with little problem... I totally agree with this view but there is always the possibility that I (we) are wrong...
I console myself with the recent price actions by watching other REEs (particularly MCP) tanking for no real good reason... Remember how low the Lynas pps dropped after Japan... Of course the choice is yours but at the moment the excellent DD available on this board (and elsewhere) tells me to hold on or even add to my significant holdings...
LYC Price at posting:
$2.03 Sentiment: Buy Disclosure: Held
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