Basically I'm sticking with the "Too Big to Fail" principal in that the Govt & PM have got almost as much at risk as Lynas has and they are now firmly in the one boat.
The PM's central platform seems to be a 2020 vision for industrial growth to raise the living standards for all Malaysians and for the LAMP not to proceed would be a very major setback and a huge victory for the Opposition. The LAMP has had so much international publicity a failure would pretty much put up a "Malaysia Closed for Business" placard.
In addition several Govt Depts & Ministers have now staked their credibility on the LAMP approval and I now think the very long delay in issuing the TOL was due to these Depts preparing to be scrutinized by a JR.
Govt allowing a more liberal democracy to run its course, and a favourable result would be a great outcome for LT sustainability, but I just can't believe they would allow the Opposition such a big win on such trivial grounds.
Despite all the "noise" what exactly is the average Malaysian thinking about the LAMP? Sure there is uncertainty but what is the real scale of opposition?
LYC Price at posting:
68.0¢ Sentiment: LT Buy Disclosure: Held
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