LYC 0.34% $5.93 lynas rare earths limited

lynas faces up to a 2 year delay to lamp, page-3

  1. 12,933 Posts.
    lightbulb Created with Sketch. 1009
    Not sure why LYSCF is trading in the first place, Germany is not trading.LYSCF is just following what was published in the USA Newspapers IMO once the air is cleared via A VERY POSITIVE ANNOUNCEMENT FROM LYNAS, hopefully prior to the market opening today you will see a decent rally in the LYC share price as investors will work out we have overcome the major first hurdle on the road to production. The majority of us were believing that the result would be what was announced:-

    LAMP APPROVED meeting all Atomic Energy Agency requirements
    LAMP PROJECT REQUIRES A FEW ADJUSTMENTS:-
    **3 of these adjustments are public relation issues involving communication improvements between Lynas,Malaysian Government and the Malaysain people.
    **1 involves putting in place procedures to have regular reviews of the LAMP and its operations.
    **7 technical issues which can be achieved.

    Cheers
    R
 
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