Nov. 8 will come and go. Lynas still won't have a TOL.
The politicians are playing games for their own purposes.
All the carrying on on this thread!! From what I can see, Murf stated publicaly available information. Nothing new, just in a "collected" form. I'm sure the SMSL crowd know all this, assuming they can read. They may be a recalcitrant lot, but I'm sure they can read.
The TOL MAY be issued AFTER the Malaysian elections, maybe not. There are no guarantees.
As I have posted before,
"There is a way out of this for Lynas.
Sell the plant in Malaysia to the Chinese, sell feedstock to the new chinese owners and with all the proceeds set up a new plant somewhere else more ameniable.
The Chinese have friends in Malaysia who would help them get all the necessary approvals. They could get Fuzia, not sure of the spelling, to help."
and
"The farce in malaysia continues, no one knows for how long.
It surely is now time for a capital raising to finance the establishment of a rare earth treatment plant anywhere else where it could be politically safe to do so. Australia should be top of the list.
Get moving now Lynas while you still can. If the farce in malaysia continues until after their elections, will Lynas still be viable. There are no gurantees that either side of politics there would allow lynas to operate after the elections. How much longer can the court cases be dragged out? How much longer can Lynas be a going concern with all the delays and no certainty that it will be allowed to operate in Malaysi.
Time to go to plan B, and if there isn't a plan B, time to get one going.
Or time to get new management."
I stand by those postings and just wish Nick would take them seriously. If the Malaysians don't want us there, we should pack up and leave and build the plant elsewhere, before its too late. Leave them in the backwaters of technology and civilization.
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