So you agree I made just ONE assumption. And you made no...

So you agree I made just ONE assumption.
And you made no objection to my logic.
So it's going to be on Mahathir.
And you ASSUME he is going to do what he did years ago, just as I assume PKR would back Fuziah again.

My assumption is MUCH safer (and less massive) than yours. Here's why I say that:
Mahathir was a dismissive autocrat back in 2011; he does NOT have that luxury today. Nor does he sound like that man; he sounds like he wants to protect the people from corruption, i.e., more like Fuziah. AND he needs to prove himself to his center-left-center progressive coalition.

Again, nothing from SMSL.

Given the history, I'd be extremely surprised if Fuziah did not push for the PSC as she saw the last one as a rubber stamp for a corrupt government and fought it tooth and nail.

Given the politics in play, it looks like a done deal to me.

I'm not familiar enough with Malaysian PSC powers to say anything about what that might mean for Lynas.