LYC 1.30% $6.25 lynas rare earths limited

whats the announcement, page-48

  1. 273 Posts.
    This is not what I wanted to say.

    But what the opposition is trying is, to create as much damage as possible.

    Even they do realize, that they will not prevent Lynas from producing eventually.

    But so far the damage has been:
    - no production since February
    - no new customer JVs
    - considerable disenfranchisement of a l;arge number of previous longtiem investors
    - Mt Weld mine currently stopped production until the Lamp is up and running
    - AUD 8-10 Mio of additonal costs each month of delay
    - re-negotiating of the loan from Sojitz
    - Mt Kellet had to be taken on board, with all the risks that entails (and it seems to loom massive now).

    But a socio-political agenda.... I would think the opposition does not even know what this word means. They simply want to catch any vote they can get.

    And looking at the list above, they have been rather very, very successful in playing Lynas and the Malaysian government the fool.
 
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