I recon year 2020 is the stage for Lynas and Gold .
here are my few thoughts :
Malaysia governments choice :
a. Extension Lynas permit for another 6 moths
if they choose a , which will accelerate Lynas transfer it’s 1 billion processing plant to its home land WA & destroy its own economy ( big impact for future foreign invest in Malaysia )
Lynas have 100% support for WA government & boost local economy .
( before 2020, Lynas got no choice have to work with Malaysia government , to make them happy )
b. Renew another 3 years permit & increase production cap for 2020.
good choice to maintain largest foreign invest in Malaysia & give confidence to Lynas to stay in Malaysia which is win-win situation .
2020 global economy & unemployment does not look optimistic .
Trump signed phase 1 trade deal to help its election in 2020 ( as phase 1 trade deal does not even touch core part of trade war (technology & intelligent property ) , only give pressure to Chinese communist party buy more USA products ) both parties reached a short rest deal , but the bomb still ticking .
china is the last largest communist left on earth , it has ridiculous Economy grow for past 20 years ( depite environment & its people )
now it’s facing lack labor issues , environment issues , Hong Kong & tai wan issues , unemployment issues etc , something big gonna happen in 2020.
so rare earth is vital minerals for the future ( weapons , ev cars ) not mention Lynas is only production producer outside China , you tell me , does Lynas share price undervalued ————-
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Last
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Change
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Mkt cap ! $6.131B |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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Last
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Change
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