LYC 2.56% $6.10 lynas rare earths limited

Wow. Talk about downramping - nothing but fear uncertainty and...

  1. 235 Posts.
    Wow. Talk about downramping - nothing but fear uncertainty and doubt spewing out of your reply. You should right the textbook for investor psychology 101, the Chapter on, "how to manipulate investors into selling on fear, impatience, and negative speculation."

    The AELB is pretty frank. The conditions are in writing. When Lynas meets these conditions, they will get a license. That simple. The timeline depends on whether Lynas has given all details and elucidated a guaranteed method for assuring waste will be stabilized, versus trying to wave their arms in a vague manner and state, everything will be handled, trust me. The latter happens all too often in industry - they are afraid of promising too costly of a waste treatment method in case they would have been able to get away with a cheaper method, so as a result, they just leave out all the details and hope that regulators are just fine with that. Then there is another go around of comments and revisions to the plan. All of that has been happening behind the scenes, even Nick acknowledged in the last conference call that Lynas was in constant negotations with the Malaysian government on negotiating to get approval. It will happen according to Nick and according to the AELB.
 
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