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Originally posted by ContraryJ
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Just my opinion Based on history they will receive permits just a few days before they need them. (late November early December) They may have to increase the Decommissioning security deposit. May have to give up using a bound they hold for someone in Malaysia holding it Maybe even need a separate deposit till Codicil is resolved. But They will have permit. IT may be conditional require more cash and have other things tied to it. All of which could hurt a little but none will inflict serious pain they will be more for public perception than anything else. Last point though AL is silent on this, as she should be, she does not seem to be woried at all. No cutting back on NEXT spending. No cutting back on estimates for next year. She is a smart lady she knows to go full speed ahead then be hung up in Decmber would be dumb. Chem you never gave me a single example of how AL could do this easily. instead you talked about trucks per day. here are two of mine.
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Lynas has a 12-year tax-free holiday status in Malaysia that began in 2014 (so should run to 2026) and also has sizable tax losses in Australia. We do not forecast Lynas paying cash tax until 2023e. The value to Lynas of these tax shields is, we estimate, around $340m or $0.50ps.
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