LYNAS RARE EARTHS LIMITED (ASX:LYC) - Wong Tack, Fuziah to lead gov't committee on Lynas review - minister, page-49 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by LightForce: ↑

The new government has to balance between 2 things: #1, that they are impartial and incorruptible unlike the previous goverment (hence the need to show that they have done due diligence on environmental matters, hence establishment of the review). #2, they need to give assurance to foreign investors that Malaysia is still an investable country, i.e. you do not change policy from time to time at your whim. Malaysia debt has skyrocketed to 1 trillion, and $100Billion has since left the country (from what I've heard) after the election. The last thing that Malaysia needs is another big front page news "Malaysia shuts down foreign company operations because of personal vendetta against Lynas". By putting only Wong Tack and Fuziah as review committee, without adding any other impartial technical expertise, the review will be seen as lopsided. That is not the image the new govt wants to get. Yeo needs good councils as she herself admits she doesn't have the expertise. She's a chemical engineer who have worked for Schlumberger and oil and gas is not environmentally friendly. So, it will be a while that they have to discuss how to frame the review properly to achieve a right balance of views.

http://m.thesundaily.my/node/561273

Expand

Originally posted by LightForce: ↑

The new government has to balance between 2 things: #1, that they are impartial and incorruptible unlike the previous goverment (hence the need to show that they have done due diligence on environmental matters, hence establishment of the review). #2, they need to give assurance to foreign investors that Malaysia is still an investable country, i.e. you do not change policy from time to time at your whim. Malaysia debt has skyrocketed to 1 trillion, and $100Billion has since left the country (from what I've heard) after the election. The last thing that Malaysia needs is another big front page news "Malaysia shuts down foreign company operations because of personal vendetta against Lynas". By putting only Wong Tack and Fuziah as review committee, without adding any other impartial technical expertise, the review will be seen as lopsided. That is not the image the new govt wants to get. Yeo needs good councils as she herself admits she doesn't have the expertise. She's a chemical engineer who have worked for Schlumberger and oil and gas is not environmentally friendly. So, it will be a while that they have to discuss how to frame the review properly to achieve a right balance of views.

http://m.thesundaily.my/node/561273

Expand

Originally posted by LightForce: ↑

The new government has to balance between 2 things: #1, that they are impartial and incorruptible unlike the previous goverment (hence the need to show that they have done due diligence on environmental matters, hence establishment of the review). #2, they need to give assurance to foreign investors that Malaysia is still an investable country, i.e. you do not change policy from time to time at your whim. Malaysia debt has skyrocketed to 1 trillion, and $100Billion has since left the country (from what I've heard) after the election. The last thing that Malaysia needs is another big front page news "Malaysia shuts down foreign company operations because of personal vendetta against Lynas". By putting only Wong Tack and Fuziah as review committee, without adding any other impartial technical expertise, the review will be seen as lopsided. That is not the image the new govt wants to get. Yeo needs good councils as she herself admits she doesn't have the expertise. She's a chemical engineer who have worked for Schlumberger and oil and gas is not environmentally friendly. So, it will be a while that they have to discuss how to frame the review properly to achieve a right balance of views.

http://m.thesundaily.my/node/561273

Expand

Originally posted by bread89: ↑

It is fun to read back old post, this was after election. Yes indeed, minister Yeo is well informed, how lynas going to handle the waste? Put in malaysa=forever close shop. Make it as fertiliser, gov not buying the story, maybe sell the fertiliser back to Australia farmer??

SStlll confident this government will make informed decision? And the informed decision is bad for lynas?

Expand

Yes sir, it just made a informed decision a few day ago. Totally enjoyed your effort to bring this period of time back for reading.

No.	Vol.	Price($)
28	8036	$7.17

No.

Vol.

Price($)

8036

$7.17

Price($)	Vol.	No.
$7.18	11000	27

Price($)

Vol.

No.

$7.18

11000

No.	Vol.	Price($)
46	33977	7.160
38	25776	7.150
22	32066	7.140
8	8749	7.130
10	24082	7.120

No.

Vol.

Price($)

33977

7.160

25776

7.150

32066

7.140

8749

7.130

24082

7.120

Price($)	Vol.	No.
7.170	6846	15
7.180	11084	22
7.190	15540	15
7.200	17519	15
7.210	11719	13

Price($)

Vol.

No.

7.170

6846

7.180

11084

7.190

15540

7.200

17519

7.210

11719

(20min delay)
Last $7.18		Change 0.035(0.49%)		Mkt cap ! $6.697B

Open	High	Low	Value	Volume
$7.14	$7.27	$7.12	$29.46M	4.099M

Wong Tack, Fuziah to lead gov't committee on Lynas review - minister, page-49

US election outcomes: Key economic and market takeaways

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Wong Tack, Fuziah to lead gov't committee on Lynas review - minister, page-49

Top Stories

US election outcomes: Key economic and market takeaways

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News