LYC 3.42% $7.34 lynas rare earths limited

irresponsible, page-2

  1. 18,558 Posts.
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    "In the rush to get the plant operational, it has failed to observe basic mining practices."

    I can't accept that proposition. Lynas always had a responsible attitude and intention to carry out these functions. This is borne out by the findings. There is no recommendation for anything but a WRITTEN plan to describe the way the waste will be handled. Lynas has a very professional attitude to the mining and processing of rare earths. They are not a "cowboy" outfit in any way. They are now having their hands tied with red tape. They are dealing with politicians, not miners and have to toe a line of action that keeps the government happy and gives the opposition little chance to score points.

    I have enough confidence to back my thoughts by putting in a buy order today for another 30,000 LYC. Definitely no thought of selling any.
 
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1 84497 $7.34
 

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$7.35 23514 2
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