LYC 0.77% $6.56 lynas rare earths limited

plan 'b'

  1. 125 Posts.
    If the Malayasian Govt is waiting for all the lights to turn green before they drive into town, it's not going to happen.Sure hope Lynas has a plan 'B' in place. If they started to build a new plant in Australia today they would most likely have it finished or well on the way to being completed before this plant clears all the hurdles they keep throwing up in it's path.This company is being delibrately manipulated as we all know. Who is funding these three residents? Where are they getting the finance from to fund their fight? How about tracing where their funding is coming from and exposing the source.This is going to drag out until afer the election whenever that is. Do we really want to do business with this country anymore? Does any CEO watching this development want to do business with Malaysia anymore? They have proven to the world they can't be trusted.

    If Lynas was to announce tomorrow they were building a new plant in Australia watch the share price take off. Watch the decision makers in the Malaysian Govt. crap themselves when they see they are in grave danger of loosing this strategic industry and all the flow on industries and jobs that come with it.Watch the Malaysian chemical industries now want to ship chemicals to Australia to feed the plant and want their workers to be employeed there. It's about time the workers whose jobs are in jeopardy in Malaysia stood up and sorted some of these people out.Perhaps it's time to turn the tide on these indecisive 'decision' makers.Remember we have the resources in the ground, they are not going away, we can stockpile it while a new plant is under construction.Start the construction in Australia and ship the machinery there and reassemble it.

    The Chinese are presently building a new refinery in New Caledonia. They built the entire refinery in China,commissioned it in China and then dismantled it and shipped it on huge barges to New Caledonia where about 2000 Chinese workers are reassembling it.An amazing feat, but possible.If the Chineses can do that with a refinery we can do it with the rare earth plant in Malaysia.
 
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