LYC 0.66% $6.06 lynas rare earths limited

psc will give green light to lamp

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    According to Sinchew Daily, a Malaysian Chinese Newspaper PSC will recommend the approval of the operation of LAMP with a very strict supervision of a Special Committe set up by the Government to make sure that the plant's operation will not harm people's health and the environment. There are in total 30+ recommentations in the report. The Paper has quoted the source from A MCA MP Mr Teng Boon Chun(Translation) who is one of the Committe member of PSC. Sinchew has been on the side of the Anti-Lynas camp and this report is a good indication that thing is starting to look good. As everybody knows the report will be tabled on the 14-06 and the debate will begin on the 19. I believe the TOL will be issued not long after that.
 
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