LYC 0.66% $6.06 lynas rare earths limited

may 21st, page-62

  1. 249 Posts.
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    The Atomic Energy Licensing Board (AELB) had said yesterday it is under orders from Datuk Seri Maximus Ongkili to suspend the temporary operating license (TOL) for the RM2.5 billion project until he disposes of an appeal from three residents living near the Kuantan plant.

    But AELB director general Raja Datuk Abdul Aziz Raja Adnan told reporters today the parliamentary select committee (PSC), which will end its tenure on July 18, will only "study safety, health and environmental issues" and "the process and implementation of licensing procedures."

    Source: http://my.news.yahoo.com/no-need-for-psc-decision-to-issue-lynas-082849423.html

    So PSC has nothing to do with TOL Issuance. May 21st might in fact be THE Day for Lynas shareholders. Let's wait and keep fingers crossed. Tired of waiting.
 
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