I'd really love to say this whole saga is behind Lynas, but this 'decision', like so many other ministerial decisions only prolongs the market undervaluing Lynas because of the ongoing perception of Malaysian hostility towards a company that has been a very well behaved and responsible corporate citizen.
Ongoing sovereign risk will outweigh the world class facility/ore deposit/corporate management that Lynas is. Pathetic attempt by this latest ministerial puppet to save face and more pathetic that the Malaysian government condones this totally unscientific argument about Lynas' Malaysian operation.
Pathetic situation as usual and the sooner Kalgoorlie is brought on line the better
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