LYC 1.05% $7.69 lynas rare earths limited

Knuckle sanga said"What is the situation if the unthinkable...

  1. 352 Posts.
    Knuckle sanga said
    "What is the situation if the unthinkable happens - Malaysian Govt refuses LAMP to operate at all"

    Very unlikely:
    A) Severe damage to Malaysias credibilty as a "good" country in which to invest. [they are desperately trying to replace and replenish manufacturing and investment after losing much of it to China in the past ten years}.
    With an election round the corner such a move would be counterproductive to the image of the ruling party.

    To answer you quetion though:-
    B) It(we)would build the plant in Australia as it already has approvals to do so anyway.
    This would mean at least a 12 month delay on one hand allowing me to buy in more at lower prices and on the other hand, would mean that i would have to delay buying my Mercedes and the wifes Porshe.
    Worse still it wold delay booking my trip to Surfers for the party!

    investment program to attract international investments
 
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