LYC 0.33% $5.96 lynas rare earths limited

lyc & malaysian politics

  1. 1,110 Posts.
    I wrote the following email to an Aussie colleague who has worked and lived in Malaysia and Hong Kong for 30 years.

    I will pass appropriate comments to LYC readers on HC.

    "Dear X,

    I now have a small holding in LYC. The shares could fly to $10-20, especially with the JV with Siemens having been announced and production about to begin.

    However, opposition is still active. See

    http://www.themalaysianinsider.com/malaysia/article/pas-man-says-lynas-plant-safe-if-properly-monitored

    I suspect that Anwar sees Lynas as the perfect platform to launch his election campaign against the government.

    2012 could prove a bumpy year!"

 
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