3 weeks to fire-up and Lynas is 1.045!? Market Manipulation is...

3 weeks to fire-up and Lynas is 1.045!? Market Manipulation is part of the game, but I have to admit. In recent times its getting worse. Big players squeeze down the prices and small players sell out to join their feeding frenzy. Eventually they will let go of the downward pressure and join the other side.. That day is coming very soon. 1.04! what a joke...

Some comments from yesterday press conference:

"The licence has been approved but we have yet to receive it. Lynas has already fulfilled all the conditions stipulated for the licence to be issued and we are just waiting.

"We hope it can be issued very soon because we need to start operations," Mashal told reporters at the plant in Gebeng here Tuesday.


Mashal also said the setting up of the parliamentary select committee to look into issues surrounding the plant was much welcomed.

"We are looking forward to be called up to give our explanations. The faster, the better," he said

Key takeaways
- Waste disposal plan is not required for production
- Re-affirms the economics of re-utilising the waste products
- Reaffirms construction status and imminent issue of TOL


BEWARE OF THE MANIPULATORS.....