Nope, that just patent BS. The AELB bond has not been paid in full, still $US15.5m outstanding. So your claim the AELB bond has been paid is wrong.
Also the IAEA has called into question the adequacy of the AELB bond.
4.5. Recommendation 5management project.
The AELB should implement a mechanism for establishing a fund for covering the cost
of the long term management of waste including decommissioning and remediation. The
AELB should require Lynas to make the necessary financial provision. The financial
provision should be regularly monitored and managed in a transparent manner.
4.5.1. Findings
The review team notes that pledges (letters of commitment) by Lynas to provide the
Malaysian government payments totalling US $50M have been established, and begun to be
executed. The review team received verbal comments regarding the schedule and the basis for
payments to be made (e.g. 5 vs.7 years, linear or production based), and recognizes such
adjustments are the purview of the Malaysian authorities.
The fee adequacy for covering the cost of the long term management of waste including
decommissioning and remediation is undetermined.
4.5.2. Assessment
The purpose of the funding recommendation is to provide reasonable assurances that the
financial resources to cover the costs of the long term management of waste, including the
waste generated by decommissioning and remediation activities, will be available. In order to
assess the reasonableness of the fund relative to the waste management burden it is necessary
to understand both the anticipated waste management burden and the financial basis of the
fund target. With an understanding of the anticipated waste management burden and the
financial basis for the fund, it is possible to assess the overall adequacy of the fund to cover
potential future liabilities.
The potential waste management burden in terms of volumes and waste streams is
largely defined in the waste management plan and safety case reviewed. The review team was
provided verbal explanations on the financial basis of estimate used to derive the US $50M
figure, which suggested it was based largely on a single experience with a similar waste
https://www.iaea.org/sites/default/files/lynas-report-20052015.pdf
Without knowing the new governments intentions toward Lynas residue management plan and the adequacy of the AELB bond, claiming the PDF has already been priced in is nothing more than your own baseless opinion.
"Some pathologic liars"
Speak for yourself. Pathetic!
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