LYC 2.56% $6.10 lynas rare earths limited

lamp approval, page-14

  1. 1,529 Posts.
    Add to the LAMP saga the Petronas RAPID project etc and what you have is a country that is about to go on a downward spiral into the dark ages.

    If they don't approve Lynas IMO they will be hard pressed finding anyone wanting to set up a hat factory let alone anything connected to the modern age.

    Even given their delays and politicisation of Lynas based on rhetoric they will find it verrry difficult to get anyone to put a brass razoo into their economy.

    Not when you can do business elsewhere easier as every single FDI project is being used by the opposition as political leverage.

    Those idiots don't get that if they do win government then turn around smiling to the world saying "come invest in our lovely country" they will be laughed at. They will need all the investment they can get and it will fall on deaf ears.

    Then they can go broke or make the whole country a palm oil plantation (it almost is now) to make some foreign income.

    Malaysia has done this to themselves and just don't get the fact that investment is difficult to come by in these trying global financial times.

    Foolish people playing their foolish little games with foreign investment projects will come to a very sticky end.
 
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