"We should all see this briefing as positive news. They are simply telling the Malaysian public that they are going to approve the TOL as soon as the two conditions are met."
And as the AELB has nothing decided yet, there is absolutely no need for a Trading Halt.
It is impossible for Lynas to know, how many iterations their proposals will need until accepted; last time they had to send them 4 times.
How can you call for a TH on 'not' having information?
Finally, the meeting schedule of the AELB seems pretty clear: next meeting is tomorrow, the following on July 27.
As the AELB has so far not been happy with Lynas proposed solutions to the 2 conditions, tomorrow is highly unlikely. That makes it -- in my mind -- pretty clear, how the timeline will be.
LYC Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held
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