lyc & malaysian politics, page-11

C'mon fellas (and girls) - too much "playing the player and not the ball" going on here.

Socrates has raised points that he/she considers to be valid points, and all anyone can do is to try to pile ridicule on him/her for raising those points.

That is very closed-minded, childish, and blind to reality.

Re Socrates' points about Malaysian politics - yes, he/she is quite right. This whole thing is about politics. Looking at it from the outside, AND having the open-mindedness to be able to see past the obvious FA good points of Lynas itself, we HAVE to see that this whole campaign has been stirred up by politicians, using misinformation.

Now just because as investors we see the outstanding FA factors does NOT mean that the political factors and the protests are any less real. They ARE real. There IS a possibility (as opposed to a probability) that Lynas could still run into strong headwinds getting this up and running then keeping it there. To ignore that would be blind and stupid in the extreme.

I have no idea if NC and the Lynas team had any idea that this could or would arise. I doubt it. And I am still optimistic that the Malaysian government wants Lynas there after inviting them there in the first place.

But there ARE a lot of wildcards - and I think that is what Socrates is alluding to quite correctly. A change of government, the existing government caving in to pressure, corruption, political interference in the operations of the AELB, increasing intensity of the protests, etc etc - these are all wild cards that can have big downside risks for Lynas.

Yes, in hindsight, perhaps Lynas should have done the whole value-adding thing here in Australia. But they didn't, and we have to live with that.

The problem is that we have Fuzzy (and now Ibrahim) and her mob still telling outright lies, equating the LAMP to Chernobyl and Fukushima. We even have journalists here in Australia reporting events that way, without any qualifying context that it is in fact NOTHING like either of those (if anyone saw Sarah-Jane Tasker's piece in yesterday's Australian). And we have a fallacious, unverified piece of derogatory crap published by the New York Times presumably fed to it by the Anit-Lynas mob and once again, completely unchecked for fact vs fiction.

All this plays right into the hands of the opposition - and I'm talking about botht the opposition to Lynas and the opposition to the government.

That makes it political. Socrates is perfectly right to raise those questions for debate. We should be able to do a lot better than shoot the messenger, which seems to be the reflex response to anyone who raises valid questions.

Settle down boys and girls.... ;)

Now, I guess, I'll cop the incoming, even though I'm probably a much longer term holder of Lynas than most on here. ;)