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clock Created with Sketch. 12/03/19
16:08
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Originally posted by toly:
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Since it is quite apparent that fear is driving the share price and since that fear is that Malaysia will shut Lynas down, I thought I would powerpoint some of the possible fallout from such a move. So here it goes... Malaysia announces that they will not renew any operating licenses until Lynas can comply with total waste remediation. Lynas is shut down (again)...
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Why I should assume that Lynas will be closed?... because the political power may overcome to science result?.. I dont believe it--- everyone may remember 6 yrs ago when SMLS was pushing to close and many of you were jumping with the closer and going into administration.. we have 6 years working with licence and bit by bit we are now here again twisting the sentiment of investors with the same sentiment to the lynas closer... from my point of view and all the cards in my hand.. that sentiment is rubbish... maybe we may have to spend a few more dollars to overcome these issue but shutdown the LAMP is just rubbish
(20min delay)
