LYC 0.34% $5.93 lynas rare earths limited

anti-lyc'll take lyc to court again this week, page-11

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    Stop Lynas Coalition had an extremely weak case when they applied for judicial review. The only allegation by SCL the judge took notice of was:

    "there is an allegation of breach of the law in particular the Environmental Quality Act 1984 (EQA) when the TOL was approved without a comprehensive report on Environmental Impact Assessment (EIA) required under the law."

    We all know this is a false allegation.

    Since then the Minister for the MOSTI has rejected an appeal by residents on the grounds that their was no scientific or technical basis. Also a PSC has deliberated on the matter and the final recommendation is that Lynas should be issued with a TOL.

    It is therefore extremely doubtful that any judge is going to agree to any application for judicial review or application for an injunction by SMSL. IMHO

 
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