No one can be surprised at this development by SMSL, but know that their time will come where they are defeated. They will be defeated in the courts, in the court of public opinion and with the passing of time and orindary operation of the plant.
Great incite, I agree that we are in the final stretch, in reality there is no good reason to deny a license any longer. The investigations, evaluations and consultations are complete and it all indicates that Lynas can be operated as the asset is really is… As I said in a earlier post, a year from now, all of the pundits will probably scrambling to take credit for bringing (at least in part) Lynas to Malaysia…
Also, rare earth are a nascent technology, similar to many of the recent technologies, which got off to an equally slow start. This includes semiconductors, hybrid cars and even the internet (just ask Bill Gates :). As a consistent supply makes itself available to the end users so will the demand it creates… JHMO...
LYC Price at posting:
75.5¢ Sentiment: Buy Disclosure: Held
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