LYC 1.61% $7.63 lynas rare earths limited

liow - waste must be sent out of m’sia, page-23

  1. 2,083 Posts.
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    Leeman

    The ASX statement in December, 2012 which confirmed that the conditions of the TOL are met is the reason that I bought shares in LYNAS :)

    "The license remains issued and valid, and there is no legal impediment to Lynas carrying out its operations at the plant, the company said in a stock exchange filing.

    Lynas will ensure all residue material is converted into co-products and exported from Malaysia if the co-products are not approved for use in Malaysia as per the terms of its operating license, the company said"

    The above extract is from an official ASX Announcement

    ref: http://www.reuters.com/article/2012/12/11/us-lynas-malaysia-idUSBRE8BA06F20121211

    Why are you still a holder then if you consider this a major issue?
 
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