LYC 3.27% $5.91 lynas rare earths limited

question regarding tol.

  1. 12,484 Posts.
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    A media article recently stated:

    "Lynas won a reprieve in February, nevertheless, when the AELB granted a temporary operating licence (TOL). The AELB will monitor the plant over the next two years in which time Lynas must show it can limit radiation to the safe levels the company originally claimed it would."

    Is that correct? I am under the impression that Lynas is still waiting for the TOL. Can someone please shed some light on the TOL situation?

    Article here (don't read it if you are in love with the stock);

    http://finance.ninemsn.com.au/newscolumnists/greg/8511842/lamp-going-out-for-lynas
 
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