Let's for a moment consider the scenario where the international review finds that all the data provided by LYC is correct and well with international standards as is most likely.
Without any facts or substantion to support the decision the Malaysian Govt. caves in to the Opposition minority and a relatively small group of watermelons and WITHDRAWS PRIOR APPROVAL for a major international investment.
Goodbye 21st Century Malaysia, better get back to rubber trees and tin mines (radiation from these is apparently OK), because they won't see another international investment for the next 20 years.
The LAMP will be approved, perhaps with increased monitoring, but most likely the proviso that LYC need to come up with a permanent waste solution before the full permit is granted in three years.
IMO the SP is in a consolidation phase, the chart looks very similar to last Nov/Dec, and I'm buying on any weakness. Next spike - LAMP approval.
protest in malaysia getting traction, page-8
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.02 |
Change
-0.030(0.50%) |
Mkt cap ! $5.627B | |||
| Open | High | Low | Value | Volume |
| $5.93 | $6.08 | $5.88 | $43.41M | 7.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6279 | $6.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.04 | 31762 | 5 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |