misunderstandings between ST and LT investors will always exist. Most forums don't differentiate, HC - being one of the better ones - does now. Thumbs up for that decision!
Anyway, the chaos here simply reflects shareholders situation with hopes and fears. The REE-story has become very popular, prices are high and the majority has payed well over 2$ for a company that was expected to be a "sure doubler". Few weeks ago I was reading in here having the impression, the only thing that matters is, if the SP surges to 4, 6 or ten AUD in little time.
Now people find out that there are serious problems in Malaysia regarding LAMP causing high delay potential as well as fears about the possibility, LAMP might be called off.
1. Political problems[b/] (some still deny that..)
Stocks and politics are a very explosive mixture! Political opinions come int play and in the case of Lynas we have some posters who campaign or even lead the PRO-LYNAS group in Malaysia. I think it would be helpful, if those people disclosed their profession and political functions.
http://www.themalaysianinsider.com/litee/malaysia/article/lawyers-want-lynas-out-of-malaysia/
http://www.malaysianbar.org.my/press_statements/press_release_lynas_must_get_out_of_our_backyard.html
2. Construction problems
The NYT uncovered some serious allegations about construction problems with quotes from officials of AKZO NOBEL and Cradotex and dated memos from UGL. Lynas denied all.
Just two weeks after the NYT article - what a coincidence - they kicked out their lead constructor for the second phase of the plant. This was not very clever to announce this at this time IMO
http://www.smh.com.au/business/lynas-changes-contractor-for-final-phase-of-kuantan-plant-20110713-1he2o.html
I was surprised, that HC users were quite cautious discussing these problems the last couple of weeks. Some did and they were accused for something, that usually is the main benefit on HC: being able to read the pros AND cons about a stock and its perspectives. If all sides respect, that both sides of the coin should be dicussed in order to make an investment decision or not, we would get along well here fine.
With chilling wishes for the rest of the day.
regards
Julia
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