LYC 0.00% $6.80 lynas rare earths limited

is malaysia ok?

  1. 71 Posts.
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    I have read recent comments intently & appreciate the authors.
    I understand:
    1. The LAMP plant has been fully approved.
    2. Lynas has complied with all requests to date.
    3. The main sticking point seems to be to have a disposal plan for the plant at the end of its life, & no import license will be granted until this has been submitted & approved. With a life span of 20-30 years it is a joke to have to need to supply this information as technology will greatly change over the years. Other items from the Report are to be instituted over a two year time span & so should this. As a shareholder I trust that Management is investigating a plan B-possibly Vietnam or other country which is friendly to overseas investment.
    Also, with delays I wonder if additional processing could be done at Mt Weld.
 
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