Great post ausheads.
I have been advocating that Malaysia has significant soverign risks
since Jan 2012 and posters have posted abusive emotive responses.
It seems that LYC-rare earths bugs are similar to gold bugs; that is
they unilaterally promote rare earths and LYC bordering on ramping and
attack anyone who suggests that Lyc & Lamp have significant risks and label them as anti-Lynas and downrampers.
A previous poster who has suggested that Chinese-Malayian contracts may now be reviewed during this holdup and replaced by indigenous Malaysian contractors is very plausable given the politics of the country.
Investors realise there is a Lamp risk and have priced LYC accordingly.
With kind regards
Moorookamick
sovereign or country risk, page-7
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