"In the rush to get the plant operational, it has failed to observe basic mining practices."
I can't accept that proposition. Lynas always had a responsible attitude and intention to carry out these functions. This is borne out by the findings. There is no recommendation for anything but a WRITTEN plan to describe the way the waste will be handled. Lynas has a very professional attitude to the mining and processing of rare earths. They are not a "cowboy" outfit in any way. They are now having their hands tied with red tape. They are dealing with politicians, not miners and have to toe a line of action that keeps the government happy and gives the opposition little chance to score points.
I have enough confidence to back my thoughts by putting in a buy order today for another 30,000 LYC. Definitely no thought of selling any.
irresponsible, page-2
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |