I cannot believe anyone would be surprised by this statement from Australia. If ore is processed in your country then the waste is yours Malaysia and the same applies to any country. Dr M already acknowledged this weeks ago. He also stated the Lynas would not be closed down.
There is a problem however in the Malaysian Ruling Coalition causing this standoff. The coalition is made up of distinctly different ideologies and the really interesting thing appears to be the lack of resolution among them. Many of the antagonists from the green/left have quietened down as the more moderate centre party seeks a solution. We now have clarification that together with Amanda and Lynas, the Australian government has become involved - and I have no doubt the Japanese are having input - hence the lack of any official transparency at this point.
I really see this present quiet impasse in a positive light (its been weeks now) - behind the scenes negotiations are taking place - not just Lynas on its own, but with the help of Aus. government.
To me, it is now looking likely a PDF for immediate waste and future waste - until Processing is up and running in Oz.
cheers Jake
- Forums
- ASX - By Stock
- LYC
- Australia Doesn't Want Malaysias Waste
Australia Doesn't Want Malaysias Waste
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B |
Open | High | Low | Value | Volume |
$7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | $7.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.77 | 3385 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6556 | 7.730 |
3 | 12284 | 7.710 |
1 | 9401 | 7.700 |
2 | 30653 | 7.690 |
2 | 18250 | 7.680 |
Price($) | Vol. | No. |
---|---|---|
7.770 | 3385 | 1 |
7.780 | 12284 | 3 |
7.790 | 9401 | 1 |
7.800 | 12151 | 2 |
7.810 | 9401 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |