LYC 0.00% $6.40 lynas rare earths limited

condisoil, page-9

  1. 1,345 Posts.
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    unfortunately this is the current world Lynas lives in, they need to go through this with the new Gov and we have to deal with it . We knew back in May that this committee was going to be setup, and F/W were going to chair it.

    I agree it's mind boggling that they're allowed a seat on the table considering their bias, and recent criminal conviction last Friday. BUT this is Malaysia, its their world and if that's allowed to happen so be it.. sadly ..

    They'll get through this review and all the while each quarters result will be better than the previous..

    And in sept 2019 when the license renewal is due. Lynas will be well into their Lynas Next 'Next' , which will very likely be a Lamp2 and hopefully reducing the dependence on Lamp1 by having it position outside of Malaysia.
 
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