LYC 1.30% $7.61 lynas rare earths limited

OK, I've been reading over the AELB website and found the...

  1. 2,878 Posts.
    lightbulb Created with Sketch. 24
    OK, I've been reading over the AELB website and found the following relevant information.

    To summarise :

    The time-frame for a "license" is a maximum 7 months. It depends on the classification as shown below. I'm assuming we fall under class A, the most stringent.

    Note that a "Pre-operating license" approval may not necessarily take as long to process as a full license.

    My hunch is that the POL will be granted in Jan/Feb (3-4 months from the submission in Oct).









    http://www.aelb.gov.my/aelb/engv/text/clientcharter.asp#Licenseapplication

    http://www.aelb.gov.my/aelb/engv/text/licence.asp#H

    http://www.aelb.gov.my/aelb/engv/text/profile.asp#DasarQ







 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.