LYC 0.30% $6.71 lynas rare earths limited

Suggest you do some basic DD on your cross promotion before you...

  1. 19,583 Posts.
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    Suggest you do some basic DD on your cross promotion before you get too cocky, good place to start might be last AR:

    "Malawi deposit
    Since fiscal year 2012, no further capital investment has been made on the Kangankunde Rare Earths resource development in Malawi and the project remains on hold while the Malawi deposit remains the subject of an ongoing title dispute. As announced on 22 January 2019, the Malawi government has purported to cancel the Group’s Malawi mining lease and the Group has initiated judicial review proceedings in the Malawi courts challenging that decision."

    Obviously low priority but clearly Lynas still has an interest in pursuing ownership, just how far do you think your carpetbaggers are going to get with development of a resource that "remains the subject of an ongoing title dispute"?

    Frankly I wouldn't punt a brass farthing into that mess until clear title is established, and Lynas can probably string that out in International Courts for years if they don't get domestic satisfaction, but then your handle probably says it all.
    Last edited by ausheds: 16/05/24
 
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