The farce in malaysia continues, no one knows for how long.
It surely is now time for a capital raising to finance the establishment of a rare earth treatment plant anywhere else where it could be politically safe to do so. Australia should be top of the list.
Get moving now Lynas while you still can. If the farce in malaysia continues until after their elections, will Lynas still be viable. There are no gurantees that either side of politics there would allow lynas to operate after the elections. How much longer can the court cases be dragged out? How much longer can Lynas be a going concern with all the delays and no certainty that it will be allowed to operate in Malaysi.
Time to go to plan B, and if there isn't a plan B, time to get one going.
Or time to get new management.
The farce in malaysia continues, no one knows for how long.It...
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Last
$6.10 |
Change
-0.160(2.56%) |
Mkt cap ! $5.701B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.16 | $6.02 | $31.69M | 5.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23252 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 23221 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |