LYC

1.65%

$6.15 lynas rare earths limited

I remember AL said the world needs a new Lynas every 4 years. I...

First 6 Last

Share
Profile

Follow
Tingus

116 Posts.

21

19/05/18

13:23

Post #: 33208285
Share

Originally posted by toly ↑

I have been giving too much thought to the current situation in Malaysia or more specifically Kuantan. There has been much conjecture on how Fuziah is settling a personal vendetta by hindering Lynas at every step of the way to success. Those who remember, years ago Fuziah was insistent that Lynas needed to be shut down for radioactivity reasons in spite of IAEC analysis and approval...

Fast Forward a few years and it would appear that Fuziah is no longer interested in shutting down Lynas rather she is now she attacking Lynas a different issue (PDF)... Are these attacks politically motivated?

Here's the deal, we all have the potential to succeed big time by working together to solve legitimate problems but Malaysia is treating Lynas like a third class citizen. We face threats and defamation at the hands of Fuziah all the while paying taxes and more importantly contributing to the community both socially and economically.

True, Malaysia has been very successful for Lynas, but it may just be time to look elsewhere for future investments. If the Malaysian international business policy is to be set by Fuziah on her own then perhaps is time to move on and warn any other international investors about the perils of investing in Malaysia...

Does Malaysia really want Lynas around? That is the fundamental question and needs to be answered by Mahathir and his administration. The (unreasonable) challenges placed on Lynas as a startup will not go unnoticed by the international business community. That said it is quite possible that Malaysia doesn't want Lynas or their RE's... That's fine but Malaysia needs to inform Lynas that certain Australian RE companies are not welcome and Lynas can diversify assets appropriately...

It sounds like Malaysia is committed to a new transparent government built on honesty. From what I understand Mahathiris is very familiar with Lynas and it's business... Perhaps a nod of cooperation from Mahathir would go a long way to unit all players in achieving those goals... JMHO...

Expand

I remember AL said the world needs a new Lynas every 4 years. I wonder how hard it is spending the next 4 years to build a new Lynas in Autralia? They have the engineering know how, same ore, debt getting cleared, so getting new funding should be no problem.
If Malaysia may not want Lynas, or Mahathir doesn't nod quickly, maybe it's time to start the next new Lynas?

LYC Price at posting: $2.31 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Nine's staff strike as Paris Olympic coverage begins

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

There are more pages in this discussion • 89 more messages in this thread...

First 6 Last

Add LYC (ASX) to my watchlist

(20min delay)
Last $6.15		Change 0.100(1.65%)		Mkt cap ! $5.748B

Open	High	Low	Value	Volume
$6.18	$6.37	$6.08	$26.63M	4.279M

Buyers (Bids)

No.	Vol.	Price($)
3	17840	$6.14

Sellers (Offers)

Price($)	Vol.	No.
$6.17	8880	1

View Market Depth

No.	Vol.	Price($)
1	7504	6.130
2	10084	6.070
3	7665	6.050
1	165	6.040
1	155	6.030

Price($)	Vol.	No.
6.170	8880	1
6.240	500	1
6.250	125	1
6.290	4000	1
6.300	24601	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

LYC (ASX) Chart

I remember AL said the world needs a new Lynas every 4 years. I...

Nine's staff strike as Paris Olympic coverage begins

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I remember AL said the world needs a new Lynas every 4 years. I...

Top Stories

Nine's staff strike as Paris Olympic coverage begins

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News