LYC 0.80% $6.30 lynas rare earths limited

dr looi on fb malaysia, page-1912

  1. 751 Posts.
    lightbulb Created with Sketch. 2311

    https://hotcopper.com.au/data/attachments/2033/2033390-48714ec55e79e9f89d4735ca9a0d7c36.jpg

    .

    ♨️♨ PRACTICALLY ALL THE MEMBERS OF THE NEW CABINET ARE EITHER LYNAS FRIENDLY or VERY LYNAS FRIENDLY !
    .
    The new Prime Minister Muhyiddin Yassin was the deputy PM in the previous Najib’s cabinet and is well versed in the problems faced by Lynas. He fully supports the findings of the 2012 PSC (Parliamentary Select Committee) on Lynas.
    .

    THE 2 PROMINENT MINISTERS IN THE PREVIOUS CABINET WHO ARE DIEHARD PRO-LYNAS SUPPORTERS ARE NOW MADE FULL MINISTERS in the new cabinet.♨️♨ SAIFUDDIN ABDULLAH is now the multimedia minister and



    ♨️♨️♨️♨️♨REDZUAN MOHAMAD YUSOF is the minister with special duties.
    .

    ♨️♨️♨️♨️♨ KHAIRY JAMALUDDIN was the Minister of Sports under the Najib’s cabinet before.
    .
    Khairy Jamaluddin who is an Oxford graduate supported the scientific findings of the PSC Parliamentary Select Committee which was used by Najib to support the issuing of a full operating license for Lynas years ago.
    .

    Khairy Jamaluddin (BN-Rembau) in 2012 criticised the Opposition for threatening to boycott the PSC and not wanting to engage, adding that they were prejudicial and refused to listen to expert views.
    “The government has proven that it practises transparency. The committee will provide answers to all concerns of the rakyat,” he said.
    .
    ♨️♨️♨️♨️♨ NANCY SHUKRI the new minister of Tourism, Arts and Culture is a prominent member of the 2012 PSC (Parliamentary Select Committee on Lynas).
    .
    I was asked by the then prime minister, Dato’ Sri Najib to testify to the PSC.
    .
    Nancy Shukri fully support the findings of the final PSC report which concluded that Lynas has fully complied with all the regulations and that Lynas is safe.

    .
    ♨️♨️♨️♨️♨️ MUSTAPA MOHAMED
    .
    A former member of Dato’ Sri Najib's old cabinet is also a staunch Lynas supporter.
    .
    He is well informed about the dirty politics which was used against Lynas in the past.
    .
    He is now a full minister in the prime minister's department (economics)...i.e. he has the access to the PM's ear all the time.
    .
    Mustapa: LYNAS OPERATIONS SAFE, LOW LEVEL RADIATION ONLY
    .
    Bernama
    .
    July 28, 2016 8:29 PM
    .
    KUANTAN: The Lynas project operation by Lynas Malaysia Sdn Bhd in Gebeng here is safe and does not negatively impact the environment.
    .
    Industry Minister Mustapa Mohamed said he was informed of the matter during a briefing on the company’s current status of operations.
    .
    He said the company had been in operation for three years already.
    “The company operation is monitored round the clock and shows it is safe with no increase in radiation reading within one to 20 kilometres from the Lynas plant.
    .
    “If the allegation on radiation is true, the industrial area in Gebeng will not grow or be the choice of multi-national companies,” he said.
    Mustapa was speaking to reporters at BASF Petronas Chemicals Sdn Bhd here today during his working visit to Kuantan to meet with Pahang Menteri Besar Adnan Yaakob, corporate leaders, industry players, political leaders and the public.
    .
    He said the Lynas project involved investments of RM2.8 billion.
    Currently, Lynas is conducting field research on soil conditioners generated from water leach purification residue, scheduled for completion in July next year, he said.
    .
    “I have suggested to the company’s top management to hold public forums to counter claims of people getting cancer, (as well as) the drop in property prices (because of the project as it) is not true,” he added.

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.30
Change
0.050(0.80%)
Mkt cap ! $5.888B
Open High Low Value Volume
$6.25 $6.37 $6.18 $15.59M 2.482M

Buyers (Bids)

No. Vol. Price($)
2 45099 $6.29
 

Sellers (Offers)

Price($) Vol. No.
$6.31 9075 1
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.