LYC 0.32% $6.27 lynas rare earths limited

Ann: Media Speculation - Review of Lynas in Malaysia, page-251

  1. 1,808 Posts.
    lightbulb Created with Sketch. 155
    All holders should read through the early ASX releases 2006 to 2008  probably the most crucial  one is the  move from building the Lamp in China to Malaysia.

    https://www.asx.com.au/asxpdf/20061019/pdf/3z2br60cftc41.pdf

    It all sounds like the Malaysian government at the time were the ones giving all the incentives.

    They already had the land purchased in China to construct the plant from earlier releases.


    I have been a holder since about 2012 so did not know the early history of the company also the Malaysian government recommend Lynas change the location of the site to be better suited amongst other chemical /oil companies etc

    They did build a pilot plant in Perth, yes Lamtruth I would love Lynas to have built the Lamp In Kwinana (30kms from Perth) It would have been great to have the new Lithium plant that is being built and LAMP side by side.
    If it does all turn to crap hopefully we have some sort of way of suing the Malaysians.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.27
Change
-0.020(0.32%)
Mkt cap ! $5.856B
Open High Low Value Volume
$6.29 $6.30 $6.24 $10.32M 1.647M

Buyers (Bids)

No. Vol. Price($)
1 165 $6.70
 

Sellers (Offers)

Price($) Vol. No.
$5.96 30857 6
View Market Depth
Last trade - 15.59pm 18/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.