LYC 2.72% $7.14 lynas rare earths limited

Ann: Malaysian Regulatory Update, page-34

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  1. 11,081 Posts.
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    I hear you. Surprised SP is not lower to be honest. Lynas needs to obtain a special export license and sell the residue to a recycler in the region on a time based contract until waste management plan issues are resolved. Hopefully after NEXT not a penny more is spent on the plant and seek "strategic expansion". I am sure someone in China will be happy to purchase it then sell landfiller back to Malaysians for fat profits.
    Last edited by Calvo: 17/10/18
 
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$7.34 $7.34 $7.13 $39.28M 5.467M

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1 1546 $7.13
 

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$7.15 72361 6
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