LYC 0.39% $7.75 lynas rare earths limited

Westfarmers wants Lynas, page-50

  1. 701 Posts.
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    Dr Mahathir obviously fears the wrath of the Chinese more than the Japanese.Paper bags full of cash to participating actors is small change compared to the end result.I feel for the Malaysian workers who will lose their jobs and the Malaysian people in general that they are stuck in the middle of such corruption.I wonder when the next election is to be held and i wonder if this precedent to refuse entry of material to Malaysia before its been cracked and leached will affect other companies importing goods into the country[ie China] or do they have some sort of paper bag exemption?Will Malaysia have to rip up road bases and sand on the beach which has more radiation than Lynas material?Its a pandoras box this decision the ramifications of which Malaysian people perhaps do not yet understand... Cheers to the knowledgable posters on here such as Ausheds,Toly etc and many others for your teachings to the uninitiated.
 
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