LYC 1.35% $5.83 lynas rare earths limited

Wong Tack, Fuziah to lead gov't committee on Lynas review - minister, page-32

  1. 166 Posts.
    lightbulb Created with Sketch. 85
    ... don't be too sure about your #2 statement, that the government would be afraid of shutting down a plant "for the greater good", just because of economical implications.

    "If we are looking at long term, I personally think that the "No-Go" situation is less costly the the "Go" situation. This is especially true if Pakatan Rakyat capture Putrajaya in the next general election (sorry, a bit of propaganda here but I am sincere in saying this). When there is a more prudent public finance with less leakages as well as a more competent, accountable and transparent government, we'll earn back (or save) the compensation needed to pay-off Lynas according to the contract. (Of course, I am hoping that we don't need to pay a single cent for that but we'll not know until we see the contract). Through time, we'll also eventually prove to the foreign investors that Malaysia is a good place to invest and Lynas case is just a one-off situation. "


    http://www.yeobeeyin.com/2012/12/lynas-part-ii-gono-go.html?m=1

    2012 is surely long ago - and surely she has changed her mind towards Lynas to a better ... that's why she talks with FS & WT about the lead of the review team ... uuhhm yeah, maybe - sounds reasonable

    And i also really don't think, that she needs or wants many councils in this specific topic. And if so - bet what their opinion will be. There are always scientists out there, showing that smoking doesn't cause cancer and coke & big macs are good for children's health.

    Every financial interest has it's lobby.
 
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