I think a 15 to 25 slide corporate style investor presentation showing the LAMP is safe and that Kengekude and Mt. Weld ore are the safest Monazite in the world is needed now. The presentation should accompany the Quarterly Report. I know many want Lynas to lay low and stay out of Malaysian politics, but the current approach seems to be causing a delay and getting Lynas pushed around. Doing nothing is often a weak response and when your stock is getting hit that seems even weaker.
I want Lynas to start fighting. Lynas knows the LAMP is safe and has a right and obligation to assure the market that they are safe. And that obligation should not be negated by worries of Malaysians overhearing the facts. We can tell the markets we are safe without interfering with Malaysian politics. I think the presentation could also be expressed as satisfying our IAEA communication requirement as well. The presentation copy on the internet would also put the safety facts in the media pool and would combat the Stop Lynas groups in cyber space. It would effectively counter the internet attack on the issue without being defensive or combative.
The Greenies know their position is not factual and Lynas and the Malaysian government are letting them hype their nonsense to no end. That would make sense if we had doubts about LAMP safety. But when you believe in what you are building you should have the pride in it to tell the markets it's safe and state of the art. We don't need to get into the politics, but we do need to defend our project. At this point it is a matter of respecting our company and work IMO.
Mike Harrowell is right to be concerned about weeks dragging into months and the issue gets more political if we let the opposition continue to dictate the situation. The government is wasting time and benefits greatly from our economic development. I think it is time to push them on the issue. And if they still stay frozen, I would follow up with an economic development impact presentation to show them Lynas knows the LAMP is a mutual benefit that all sides should respect.
- Forums
- ASX - By Stock
- LYC
- believe in your lamp lynas!
believe in your lamp lynas!
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.86 |
Change
0.060(0.88%) |
Mkt cap ! $6.384B |
Open | High | Low | Value | Volume |
$6.85 | $6.89 | $6.82 | $1.620M | 236.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 7379 | $6.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.87 | 8792 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 8266 | 6.870 |
20 | 11519 | 6.860 |
16 | 17458 | 6.850 |
16 | 23176 | 6.840 |
9 | 20930 | 6.830 |
Price($) | Vol. | No. |
---|---|---|
6.880 | 1239 | 6 |
6.890 | 48799 | 24 |
6.900 | 71402 | 21 |
6.910 | 19598 | 13 |
6.920 | 17371 | 9 |
Last trade - 11.27am 26/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online