LYNAS RARE EARTHS LIMITED (ASX:LYC) - Wong Tack, Fuziah to lead gov't committee on Lynas review - minister, 36794238, page-49 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by LightForce: ↑

The new government has to balance between 2 things: #1, that they are impartial and incorruptible unlike the previous goverment (hence the need to show that they have done due diligence on environmental matters, hence establishment of the review). #2, they need to give assurance to foreign investors that Malaysia is still an investable country, i.e. you do not change policy from time to time at your whim. Malaysia debt has skyrocketed to 1 trillion, and $100Billion has since left the country (from what I've heard) after the election. The last thing that Malaysia needs is another big front page news "Malaysia shuts down foreign company operations because of personal vendetta against Lynas". By putting only Wong Tack and Fuziah as review committee, without adding any other impartial technical expertise, the review will be seen as lopsided. That is not the image the new govt wants to get. Yeo needs good councils as she herself admits she doesn't have the expertise. She's a chemical engineer who have worked for Schlumberger and oil and gas is not environmentally friendly. So, it will be a while that they have to discuss how to frame the review properly to achieve a right balance of views.

http://m.thesundaily.my/node/561273

Expand

Originally posted by LightForce: ↑

The new government has to balance between 2 things: #1, that they are impartial and incorruptible unlike the previous goverment (hence the need to show that they have done due diligence on environmental matters, hence establishment of the review). #2, they need to give assurance to foreign investors that Malaysia is still an investable country, i.e. you do not change policy from time to time at your whim. Malaysia debt has skyrocketed to 1 trillion, and $100Billion has since left the country (from what I've heard) after the election. The last thing that Malaysia needs is another big front page news "Malaysia shuts down foreign company operations because of personal vendetta against Lynas". By putting only Wong Tack and Fuziah as review committee, without adding any other impartial technical expertise, the review will be seen as lopsided. That is not the image the new govt wants to get. Yeo needs good councils as she herself admits she doesn't have the expertise. She's a chemical engineer who have worked for Schlumberger and oil and gas is not environmentally friendly. So, it will be a while that they have to discuss how to frame the review properly to achieve a right balance of views.

http://m.thesundaily.my/node/561273

Expand

Originally posted by LightForce: ↑

The new government has to balance between 2 things: #1, that they are impartial and incorruptible unlike the previous goverment (hence the need to show that they have done due diligence on environmental matters, hence establishment of the review). #2, they need to give assurance to foreign investors that Malaysia is still an investable country, i.e. you do not change policy from time to time at your whim. Malaysia debt has skyrocketed to 1 trillion, and $100Billion has since left the country (from what I've heard) after the election. The last thing that Malaysia needs is another big front page news "Malaysia shuts down foreign company operations because of personal vendetta against Lynas". By putting only Wong Tack and Fuziah as review committee, without adding any other impartial technical expertise, the review will be seen as lopsided. That is not the image the new govt wants to get. Yeo needs good councils as she herself admits she doesn't have the expertise. She's a chemical engineer who have worked for Schlumberger and oil and gas is not environmentally friendly. So, it will be a while that they have to discuss how to frame the review properly to achieve a right balance of views.

http://m.thesundaily.my/node/561273

Expand

Originally posted by bread89: ↑

It is fun to read back old post, this was after election. Yes indeed, minister Yeo is well informed, how lynas going to handle the waste? Put in malaysa=forever close shop. Make it as fertiliser, gov not buying the story, maybe sell the fertiliser back to Australia farmer??

SStlll confident this government will make informed decision? And the informed decision is bad for lynas?

Expand

Yes sir, it just made a informed decision a few day ago. Totally enjoyed your effort to bring this period of time back for reading.

No.	Vol.	Price($)
19	5456	$6.35

No.

Vol.

Price($)

5456

$6.35

Price($)	Vol.	No.
$6.36	17025	42

Price($)

Vol.

No.

$6.36

17025

No.	Vol.	Price($)
14	4558	6.350
29	22536	6.340
19	33845	6.330
12	34939	6.320
15	17996	6.310

No.

Vol.

Price($)

4558

6.350

22536

6.340

33845

6.330

34939

6.320

17996

6.310

Price($)	Vol.	No.
6.360	16470	37
6.370	43715	29
6.380	38810	25
6.390	48107	15
6.400	35724	10

Price($)

Vol.

No.

6.360

16470

6.370

43715

6.380

38810

6.390

48107

6.400

35724

(20min delay)
Last $6.36		Change 0.125(2.01%)		Mkt cap ! $5.940B

Open	High	Low	Value	Volume
$6.34	$6.38	$6.28	$6.726M	1.062M

Yes sir, it just made a informed decision a few day ago. Totally...

Canadian fieldwork yields multiple pegmatites for Trinex

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Yes sir, it just made a informed decision a few day ago. Totally...

Top Stories

Canadian fieldwork yields multiple pegmatites for Trinex

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News