These arguements which rely on comparing cooking,watching TV, Xrays
smoking etc to the risks of the LAMP miss one vital factor which is
risk versus reward.
All of the hazardous activities above involve personal risk and also personal reward.
Risks from the LAMP for most locals do not have corresponding rewards
and that is the key to why so many are protesting.
Some 300 workers with perhaps as many suppliers will benefit but the vast majority will not. Lynas has negotiated a 12 year tax holiday so even on a
general level there is no perceptable benefit for the majority.
Posters who own shares and advocate Lynas' low or no risk are doing so for future reward (according to some a five bagger) so they should be aware that their personal potential rewards by far ourweigh their risks ( That is if the plant goes ahead)
I'm quite surprised that shareholders ( part owners of Lynas) are not behaving in a manner that they expect their CEO, Management and Board to behave:
ie: politely, considerate and quietly assertive.
With very best regards
Moorookamick
PS: I had a good long look at the $1.155 this afternoon ...tempting!
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