LYC 0.39% $7.75 lynas rare earths limited

relocation of plant, page-31

  1. 2,364 Posts.
    Soho: I think Famoso has a very good point.

    Invite us there, approve construction of a huge project, change the goalposts numerous times, delaying the whole thing something like a year. (Yes, I think most of the delays are probably responding to the constant array of new demands.)

    If they then decide "sorry, we've changed our mind" there would surely be grounds for seeking legal redress under international bodies such as the WTO. (Of course then Malaysia's sovereign risk rating would be off the scale which they wouldn't welcome so it seems unlikely to me.)

    And as Famoso suggested, it would be under INTERNATIONAL law in a neutral court unless I've totally misunderstood the process.

    But of course if it got to that things might be pretty dire anyway, for example what would our stake in the LAMP (or Lynas) then be?

    Much more likely (IMO) is that we'll be operating soon and all this will be academic.
 
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