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$6.08 lynas rare earths limited

Yes, all good. Just a little more patience now....

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Hedg

913 Posts.

1126

18/03/19

19:12

Post #: 37801976
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Originally posted by Ysardine: ↑

From experience in doing business in Japan for the last 10 years, I think based on the comments above it’s highly likely that Japan would be doing a discreet approach to lobbying at a very high level.
Two things I have learnt is the Japanese are exceptionally diligent in understanding their supply chain in detail. They’ll frequently want to visit their vendors and suppliers and see first hand how the stuff is made and the operations, and not just at the management layer only. Secondly, any lobbying or influence they seek to exert would be done discreetly and directly, looking to avoid any embarrassment or negative publicity for the people they are trying to influence.
i think this approach would be quite contrasting to the public approach in media that Lynas has taken and including some statements by the Australia government. Although lynas’s aprroach has been somewhat forced by the SMSL team, the Japanese wouldn’t see additional public commentary as constructive.
My assumption is the Japanese contribution will be part of what makes lynas ultimately successful in getting to lcontinue to operate in Malaysia

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Yes, all good. Just a little more patience now....

LYC Price at posting: $1.68 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.08		Change -0.185(2.96%)		Mkt cap ! $5.687B

Open	High	Low	Value	Volume
$6.14	$6.15	$6.02	$20.78M	3.331M

Buyers (Bids)

No.	Vol.	Price($)
25	20104	$6.07

Sellers (Offers)

Price($)	Vol.	No.
$6.08	25344	40

View Market Depth

No.	Vol.	Price($)
24	13639	6.060
23	35735	6.050
16	50223	6.040
17	52965	6.030
17	62192	6.020

Price($)	Vol.	No.
6.070	6997	29
6.080	38315	36
6.090	41865	23
6.100	110076	11
6.110	15288	8

Last trade - 12.31pm 19/07/2024 (20 minute delay)

LYC (ASX) Chart