LYC 0.78% $7.76 lynas rare earths limited

Triple Trifecta Week - July 28 Court; EIA; Quarterly Report, page-27

  1. 88 Posts.
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    Because it's important to Lynas?

    If Lynas fails with he court case, it will essentially overturn the 6 month extension, which in turn will cause trouble down the line - ie the plaintiffs can further argue due to the 6 month extension being illegally decided, that the 3 year extension becomes void.

    Likewise, the EIA will cause further headache and annoyances for Lynas. Although they might get the $15M AUD back from the PDF fund, they will need to quickly register in other countries to take the WLP residue. This is just a headache and is extremely annoying since it will definitely impact profits.
 
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