LYC 1.71% $7.74 lynas rare earths limited

Maybe.....?It's political & economic & judicial gamespolitics -...

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  1. 663 Posts.
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    Maybe.....?

    It's political & economic & judicial games

    politics - look how hard we are on this nasty foreign business - we will make them respect our country & environment & need your votes

    economics - we will punish & fine & force this nasty foreign business to pay for clean up & safe operation

    judicial - this nasty foreign business must fight in court - we are taking them to court & making them sweat & the court will uphold our laws & protect our country

    eventually.....

    they have spent enough cash inside & outside of court for now & so can continue to operate if they respect our country & rights to bleed them of cash despite inviting & approving their LAMP & actively trashing our own country through deforestation over recent years

    Extended cash grab knowing Lynas is ramping up cracking & leaching in WA & Texas DoD supported processing plant

    but also opportunity to grab cash before allowing Lynas to keep LAMP running & paying for the privelige

    LAMP is a becoming a thorn in our side however......

    without LAMP Lynas would not be in USA now & not be backed by Japan still & not have capitalised on REE demand & finally Oz pollies realise Lynas is critical to Australia & allied countries & can operate safely in Australia

    I am anti nuclear but the rubbish lobbying & setting up of nuclear storage in SA poses much higher risk than low level radioactive waste byproduct from cracking & leaching of Mt Weld ores

    I am still holding despite ongoing PIA of LAMP games

    Bring on Texas
    Bring on Kalgoorlie
    Bring on WA processing plant

 
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