Its amazing how many news services picked this up. Just when i was hoping they would keep it quiet so i can mortgage my house and buy more LYC quietly.
So even if my theory that Dr M is speaking out of convenience- i.e. no clarification on the waste issue, still saying what he did earlier, 'Lynas can continue....IF......."
He is obligated now to work out a way to allow renewal. Lynas has always said the condition was impossible and had no answer to it within the September time frame. Now he either has to extend the time line or, ideally , expedite assessment and/or approval of Condisoil. Approve condisoil and we free up the $400Mill needed for the new WA plant.
Out of this- Didnt Amanda L and the Lynas team do an incredible.job managing this issue? We should get Meryl Streep to play Amanda when the make the movie about this saga.
News: LYC Malaysia to let Lynas continue running rare earths plant - Prime Minister, page-61
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Last
$7.88 |
Change
-0.210(2.60%) |
Mkt cap ! $7.365B | |||
| Open | High | Low | Value | Volume |
| $8.03 | $8.03 | $7.84 | $18.89M | 2.393M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2122 | $7.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 19791 | 5 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |