I think they will get the license renewed. Malaysia is still a poor country and they need the money.
However because of the uncertainty I sold all my stake in Lynas a week ago.
My reasoning, if renewed SP will have a bump for a day or two but it will come back down to about here, the next ramp for LYC is not until Kalgoorlie nears completion.
Because Malaysia is a status quo, if it renews, than future revenue nor SP doesn't really change compared to early 2022, but if licence is cancelled (very unlikely) but license could be postponed (likely) the SP could drop a dollar.
Either way I will be back with free carry money.
DYOR
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13 | 35517 | 6.340 |
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