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$7.80 lynas rare earths limited

Ann: Media Speculation - Review of Lynas in Malaysia, page-268

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Calvo

10,973 Posts.

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26/09/18

07:36

Post #: 35841458
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Originally posted by doctorwho2 ↑

"We will be fair and objective in our review, especially on the issue of the plant's removal of all wastes, including the products made from the wastes, which are hazardous to public health and the environment," she reportedly said. From reading various posts on the low radioactivity of the waste it would appear that it is not hazardous, if so how can the review be objective when Ms F has allready made up her mind and to back down would be a loss of face. I would suggest LYC appeal to Dr M that the Ms F has demonstrated a pre conceived bias and is not a suitable person to chair the revue and that Minister Yeo has demonstrated poor judgement in appointing Ms F to chair the review (if she did make the appointment).

Mt Weld has the capacity to service several LAMPS, and I would suggest LYC consider I JV with their Japanese loan provider whereby this organization pay for construction of another LAMP, using improved REE extraction technology now available, in Japan and in return it becomes a 50:50 partnership with profits shared equally.

Just some thoughts. I doubt if either will happen but some more lateral thinking by the LYC BOD would be appropriate.

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What for? LAMP is safe

http://www.miti.gov.my/index.php/pages/view/2497

LYC Price at posting: $1.63 Sentiment: Hold Disclosure: Held
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