http://biz.thestar.com.my/news/story.asp?file=/2009/12/8/business/5256615&sec=business

Lets spare a moment to reflect on the current losses that Malaysia is racking up!

For each and every day that they delay the Lynas LAMP, they lose.

They lose exponentially in terms of international credibility, jobs, GDP, foreign investment and on and on it goes, as all this has a knock on effect.

Malaysia have been busting a gut to attract investment away from Vietnam, Thailand, Cambodia and the new kid on the block Myanmar (Burma). Large businesses and investors are watching this play out and how its been plagued by special interest groups.

I am afraid that its been one step forward, 2 sideways and now backed up over the cliff. And for what?

This self inflicted damage will stick and add itself to the already unbelievable history and current affairs of Malaysia.

Free, transparent and fair elections?
Setting up Anwar?
Using Lynas as a political tool?
Being true politicians by delaying the issue until the issue goes away?

Take your pick?

The above, all fodder for the SP manipulation of what is to be a great company and a great stock.

The talk of Lynas packing up and moving on is not going to happen.

Why? because Malaysia like it or not needs Lynas more than Lynas needs Malaysia. If Lynas cut its loses and walked off then where does that leave Malaysia and all the countries begging for this kind of investments.

Answer is it would leave Malaysia back where it was, except with a savage downgrading in the World Banks business friendly countries list and a notice to the World as to where not to invest.

It would give the surrounding countries more credibility in being more business friendly.

Last, if Malaysia issues the TOL and the other licenses NOW, then large companies (Siemens, BASF etc.) and their spinoffs may feel relieved and step up to the plate. After time things will be forgotten. If no TOL then Malaysia will be wiping it off for a long long time.

This political football may be stroking someones vanity but it is doing absolutely NOTHING for Malaysia’s international image! There’s more to this than rare earths!

Maybe you people dont read!

LYNAS is waiting on the AELB to sign off on the TOL.

3 Licenses HAVE BEEN granted. But the anti Lynas group was feed information and used it as disinformation to delay the issuing of the license.

Lynas is ready to go and will be warming the kilns in anticipation of the first concentrates arriving.

ALSO LYNAS has started work on phage 2 of the LAMP. This part deals with HREE’s that they will possibly get from the their 10% stake in ASX NTU – or ASX ALK is one of the richest deposits of heavies in the World.

People do your own research and find the facts instead of rehashing what others tell you. Keep up to date.

Jack please dont start dumping on the Chinese when doing your presentation in Malaysia next week. There are several Chinese business owners, that are supplying chems to Lynas, that will be there.
This China bashing is not productive.

ALSO please stop using these presentations forums for ramping GWG as they are years away from anything – Thanks

We do not know if such a direction has been expressed, but we should allow that it either may have or may be coming.

Charlie,

Thank you for bringing this to my attention. It is a sad commentary on the US Federal Governemt that the Chief Executive sole act to resolve an issue that is critical to our future well-being is by “passing the buck” to his unelected subordinates, responsible to no one, and giving them the powerful mandate to “encourage the exploration, development, and mining” of strategic and critical materials….” This is the same as encouraging them to brush their teeth after eating; it is of no effect whatsoever for the country’s well-being; its just more hot air to cover indecsion and cluelessness. The issue is the deploying of a total domestic supply chain for as many of the critical and strategic materials as we have in our country or have acess to through ownership anywhere (I know, I know: This is the Chinese, Japanese, and European goal already). I suspect that the president does not understand the issue or the problem. That is truly a sad commentary on our judgement not on his.

Jack

could you give any incite on this recently signed excecutive order from the President

http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness

in particular Section 306

Sec. 306. Strategic and Critical Materials. The Secretary of Defense, and the Secretary of the Interior in consultation with the Secretary of Defense as the National Defense Stockpile Manager, are each delegated the authority of the President under section 303(a)(1)(B) of the Act, 50 U.S.C. App. 2093(a)(1)(B), to encourage the exploration, development, and mining of strategic and critical materials and other materials.

thanx,
charlie