LYC 1.98% $6.92 lynas rare earths limited

Ann: Malaysian Operating Licence Renewed, page-74

  1. 1,178 Posts.
    lightbulb Created with Sketch. 824
    I'm not saying threaten, I'm saying act.
    It's not a question of respect or not; Lynas should never be rude or dismissive of Malaysia, The real lack of respect is towards Lynas as a major investor and good corporate citizen being treated very poorly. They should make their feelings clear in (polite) words and actions.
    A major piece of plant is forced to shut; the consequence is that the corresponding workers lose their jobs. Take that action.
    When a company is enticed to invest a billion in a place and gains full approvals etc well before construction, then it is NOT OK to simply change their mind due to political expediency. Take all legal action available to require them to keep their word if the law permits this.
    Make it clear by actions that Malaysia is no longer regarded as a reliable partner or destination of choice for Lynas.

    Gloves off.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.92
Change
-0.140(1.98%)
Mkt cap ! $6.468B
Open High Low Value Volume
$6.94 $6.97 $6.84 $15.53M 2.248M

Buyers (Bids)

No. Vol. Price($)
3 13835 $6.90
 

Sellers (Offers)

Price($) Vol. No.
$6.93 2500 2
View Market Depth
Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.