As per the media release from LYC below, the first challenge / judicial review was thrown out of court 10 Sept.
And this one?
Exactly the same thing.
What grounds do they have to challenge this decision that are any different to the load of poo they have been peddling in the first case?
No one damn thing.
Nothing has changed at all, the science is the same in support and these wacko's are still liars...
Why freak out then?
Big overreaction IMO..
Lynas Corporation (ASX:LYC, OTC:LYSDY) announced on 12 April 2012 that the High Court of Malaya at Kuala Lumpur had dismissed an application for leave to apply for judicial review of the decision of the Malaysian Atomic Energy Licensing Board (AELB) to approve the granting of the Temporary Operating Licence (TOL) for the Lynas Advanced Materials Plant (LAMP) in Malaysia. The High Court’s decision was subsequently appealed to the Court of Appeal.
Lynas confirms that the appeal against the High Court’s decision was dismissed by the Malaysian Court of Appeal today.
Lynas and the Malaysian Government successfully opposed the appeal.
Lynas understands that a similar group of applicants is also seeking judicial review of the decision handed down in June 2012 by the Minister of Innovation, Science and Technology.
As announced on 18 June 2012, the Minister dismissed a statutory appeal against the decision of the AELB to approve the TOL. Lynas and the Malaysian Government have indicated that they will also oppose the judicial review application in respect of the Minister’s decision.
LYC Price at posting:
79.5¢ Sentiment: LT Buy Disclosure: Held
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