LYC 0.30% $6.76 lynas rare earths limited

aelb conference today about tol, page-9

  1. 872 Posts.
    Alister Reid.
    From Zac,s post,Alister mentions that this meeting on monday is crucial,as well as the final hurdle to getting the TOL.
    AELB.
    Aziz reminds us in the video that the AELB board meet every 2 months.
    He has to update them as to whats happened in the last 2 months.
    Like any meeting they will also set the agenda for the following 2 months.
    PSC.
    They will report their findings to Minister Ongkili.
    This will include the visit to the LAMP,and the Universities they spoke in,as well as the public feedback.
    As not many politicians are scientists or engineers their talk on the LAMP will be pretty brief.
    The Universities are key,and with China moving next door with their Industrial plant,the ground is being layed for specialist programmes in rare earth research,the technology,the future for Malaysia..via University.
    The feed back re their public engagements are going to be similar to when the some 1100 odd protests were submitted with 99% saying the same thing..none with facts.

    Aziz stated that he would be attending both.
    His Board ..oddly he referred to it as "the hearing" and said likely held in the morning...and the PSC meeting in the afternoon..or vise ersa he wasnt sure.

    Ongkili will also be attending both.
    It now makes sense why Ongkili has had to wait till this 2 monthly meeting date.
    It was the AELB that approved the TOL,and the 14 claims are against them.,they want to know are they clear.
    So ongkili tables his findings,yaddy yaddy yaddy..as Lynas has repeatidly stated they have ticked all the boxes required of them,Ongkili verifies this,AELB add all the scientific stuff that we know inside out back to front..ITS SAFE.

    Ongkili and Aziz have lunch then go meet the PSC.
    This will be a yawn for both as the PSC cant dig up anything these two dont already know.
    What they will feed the PSC is confirmation all correct licences/processes/procedures have been adhered to in relation to the 14 claims..and that all is legal..all the normal things pollies want their bums covered with.

    In summary.
    The AELB know that at the next bi monthly meeting,they need to be talking about part B...how the LAMP is performing..Part A ..the rhetoric is over..and will be this monday..theres nothing left to check in theory.
    The PSC are in a similar situation.
    The TOL is not the end of it all..just the beginning for AELB and PSC.

    PS.
    Was so noteworthy during the Q&A..there was nothing about the LAMP as such.
    It was all about the ore,its transport,are there licences.,will each shipment be monitored,what if ore has higher radiation...nothing about the waste/pollution/hazard..they have run out of questions.

 
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