LYC 2.60% $7.88 lynas rare earths limited

i don’t bother about pol conspiracy

  1. 566 Posts.
    I will suggest to all LH to ignore the conspiracy around the POL and hold tight. I am sure nobody is so stupid to construct a $200M refinery in a country (who welcomes foreign investment) and they have even a small doubt that it will not be allowed to operate. Even if the opposition come in to power, they will grant the POL (if this is delayed until the election) as LYC will contribute 1% to Malaysia GDP. A mad Govt will stop a single firm which can contribute 1% to their GDP and scientifically proved to be safe. We know how politicians backflip, and if opposition comes into power, we will see Fuozia back flipping and supporting LYC. She might even take credit for it that her pressure worked to make LYC safe. If I am a LH, I won’t bother if POL to be granted in Jan, March or April, this is not an issue for me. Offcourse every stock carry risks, but I invested in LYC because I believe in LYC story…

    DYOR
 
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