LYC lynas rare earths limited

pre-operation license, page-18

  1. 163 Posts.
    7 months from when OMG? Just wondering if you can clarify exactly what was said by the head of the AELB being a Malaysian speaker, as I think this is very, very important!

    If it's 7 months from the final submission of documents, which was less than 2 months ago, this is a very unreasonable response from such a senior official. If LYC is expected to wait until May for a PRE operating license that raises major questions about when a full operating license might be issued and in my opinion raises larger questions about the sovereign risk involved in investing in Malaysia at all.

    I want to to be told this interpretation is clearly wrong ... so far I'm not hearing any confirmation from anyone and I'm surprised this isn't being taken more seriously by this board.

    (my sentiment has gone from buy to hold until I get clarification of this...)
 
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Last
$8.25
Change
0.110(1.35%)
Mkt cap ! $7.717B
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Price($) Vol. No.
$8.25 29299 1
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