LYC 0.39% $7.75 lynas rare earths limited

dangerous territory, page-35

  1. 12,085 Posts.
    Nic et al.
    Ya full of crap. Greece is a non issue. US 'default' is a non issue. China imploding is a non issue. All world real estate collapsing into a pile of rubble is a non issue and every other known is a non issue.
    I agree that an unknown is a fear and a known is already factored in.
    LYC better make sure they have the Malaysian EPA under control, it shouldn't have got to this stage. Remember, they couldnt even get it right in WA. They better bend over backwards to appease Malaysia or their SP will cop it, like now. Why didn't they build in WA? I don't think it's because of labour costs. It's because they thought they could get around environmental issues in Malaysia easier. That's my opinion on that.
    As to LYC imploding. Besides the issue at hand what could stop them?
    Nothing. If the world economies imploded then GFC2 wouldn't be worth living through financially because the trust is gone and the end would be nigh in every sector with every company.
    No disrespect people but LYC shouldn't be facing the situation in Malaysia. Environmental issues should have been sewn up water tight from day one. No excuses.
    When the issue is solved with the necessary permits the dream will be back on track. I dont agree with people saying to phone them and they will tell you all is well, what else would they say?
    Good luck.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.