I once suggesting a Chinese bribery in action behind thescenes...

I once suggesting a Chinese bribery in action behind thescenes all set on the demise of Lynas’s LAMP. It wasn’t accepted well.

Now I’ve seen many people raise it since given the ongoingextreme irrationality and agendas continually exposed via Malaysian MPs and itspeople against the plant.

This is hard for Western countries to understand that suchactivity could occur. But this is simply how Asian countries work. It is almostintegral to their culture and just a part of life to have a bribery system inoperation all around them. People don’t pay fines in most Asian countries. Theypay police bribes. That goes all the way to the top.

Building LAMP in Malaysia was a foolish mistake and likenedto building your palace in your enemies back yard.

Weather bribery is in play here or not is regardless. It’snow painfully obvious Lynas faces a tsunami of ongoing pressure with seeminglyno end to where it stops or the lengths of its irrationality.

This is going to apply extreme pressure to the SP asholders waver under uncertainty and weathering loss in time.

This is in line with real world producer problems and thecyclic pattern of a producer’s growth failing into decline. Uncertainty isalways the trigger.

I do hope the Malaysian government let Lynas go. I will bethere to jump up and take part in the upswing if so. But given oppositionefforts so far. It’s hard to think they will. Lynas may find they need to packup shop and I am worried at what cost. Worse still. What that added cost wouldoffer the SP over what timeframe it would take it all to materialise. Lynasisn’t making a lot of profit at the moment. Rebuilding LAMP incurs anothermassive burden to its books.

Does anyone know if Lynas can actually fall back to being aminer, fund a new plant, rebuild and become again what it is today or are thenumbers so rich to do so they can’t and so maybe it’s better off to stay inMalaysia and just thrash it out trying to make it all stop?

Lynas stated recently they were looking into other plans.But I wonder what options it really has and why it’s not sharing them so togive shareholders a backing of hope they currently require.