I wrote the following email to an Aussie colleague who has worked and lived in Malaysia and Hong Kong for 30 years.
I will pass appropriate comments to LYC readers on HC.
"Dear X,
I now have a small holding in LYC. The shares could fly to $10-20, especially with the JV with Siemens having been announced and production about to begin.
However, opposition is still active. See
http://www.themalaysianinsider.com/malaysia/article/pas-man-says-lynas-plant-safe-if-properly-monitored
I suspect that Anwar sees Lynas as the perfect platform to launch his election campaign against the government.
2012 could prove a bumpy year!"
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