LYC 2.72% $7.14 lynas rare earths limited

lyc not submitted all that is required...., page-9

  1. 7,518 Posts.
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    BTL

    I respect your right to disagree. I'm not sure what you are expecting me to link though.

    You know the Temp Operating License is a delicate issue. I'm just saying it would be in the best interests of shareholders to sit tight and not start acting as Lynas vigilantes in order to force the Malaysian government's hands.

    At best an email will have no impact. At worst it might result in a delay in order to remind Australians who are in charge of the process. The AELB don't operate according to the Lynas schedule or the whims of Lynas shareholders.

    (As we are painfully reminded in this article - http://www.miningaustralia.com.au/news/angry-malaysian-government-rebukes-lynas)

    [Quote: But international trade and industry minister Datuk Seri Mustapa Mohamed told Malaysian Insider the company’s announcements were premature.

    “They have no business to pre-empt the [AELB],” he said.

    “No business at all to issue these kind of statements and we have reprimanded them.”]

    You know the government are on our side. The appeal was dismissed and the PSC gave their endorsement. The LAMP is scientifically safe. That should be enough to convince people to be patient. Let the Malaysian government handle the politics knowing you will get a positive outcome when the time is right.

    If it was as easy as just meeting and issuing a TOL it would have been done by now. Sadly, political realities must come into consideration.

    As an olive branch gesture - let me admit I was too harsh in my initial post and for that I apologise to mwehl01. We are all on the same side ultimately and I was just frustrated.

    Let's just be careful about how we proceed from here. We are too close to jeopardize the TOL over absent-minded behavior. We all know these forums are monitored by activists looking for whatever leverage they can find. Let's not give it to them.
 
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