LYC 0.90% $7.70 lynas rare earths limited

aelb & new conditions pending, page-4

  1. 115 Posts.
    I am unsure how big the facility is exactly but I am guessing a secondary sprinkler system with self-contained water supplies could be built within a month.

    However, before that starts, the plan would have to be drawn up and approved and this is probably where the problem lies. I strongly suspect that Lynas is being knocked back for any excuse just to delay this decision until after the election.

    Of course, perhaps they are demanding a more elaborate solution which could take a lot longer to plan and build as there would be many more points which could be critisized.

    I fear that the fact there has been no announcements or news means no progress is being made.
 
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