Seeking Alpha

omgwen3rds3

omgwen3rds3
Send Message
View as an RSS Feed
View omgwen3rds3's Comments BY TICKER:
Latest comments  |  Highest rated
  • REE/Strategic Minerals Concentrator, March 29, 2013 [View instapost]
    Hi Guys,

    If you have any questions for any info with regards to Lynas please let me know and I will endeavour to give my best answer. My family has been in the REE industry since 1990 working on the Mount Weld deposit and figuring out the technology extraction process for the deposit. Chihawk and I have pretty much known each other for almost 3 years now and we share a mutual respect for one another discussing anything REE under the sun. Pretty much happy to discuss anything about ree especially Australian ree companies except for extraction process as it deemed to be confidential info and plus I don’t want to get into trouble. I am happy to come back to this group as the American posters here more friendly to people and if they are not, they have hardtolove to deal with =).
    Apr 17 03:59 AM | 9 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 29, 2013 [View instapost]
    http://bit.ly/XBC6KM

    NO CONTEST- A host of initiatives by the government contrasts starkly with a non-performing opposition
    IT was a breezy hot Saturday afternoon at Kampung Pasir Garam, a coastal village in Beserah, Pahang. Inside an old wooden house used as a keropok making facility, three women were planning to make an 8km trip to Kuantan later at night.

    The women wanted to be at the municipal council field where Datuk Seri Najib Razak would hold the last leg of his nationwide Jelajah Jangi Ditepati (JJD) tour after Maghrib prayers.

    One of them described the prime minister as a caring and generous leader, citing payments made to the people under various government schemes.
    "I got the RM500 BR1M money recently. So, did many others in this village," said 35-year-old Sarifah Nor Ezan Syed Anwar, as she packed the crackers into clear plastic bags.

    Villagers in Beserah, a state seat in Indera Mahkota that fell to Pas in 2008, are thankful for the various aid provided by the Barisan Nasional (http://bit.ly/116iSuG) government.

    While both BN and Pakatan Rakyat claim they can form the state government after GE13, Pahang Menteri Besar Datuk Seri Adnan Yaakob insists that BN will make a clean sweep this time, due to the people's genuine desire for absolute victory for the ruling coalition.

    Pakatan harbours hopes of taking more Chinese-majority parliamentary seats, like Raub and Jerantut, to add to currently held Kuantan and Indera Mahkota, along with a couple more state seats. It hopes to retain Tras and Triang state seats, both won by DAP, while Pas-held Beserah and Kuala Semantan appear quite shaky.

    Fuziah Salleh, the Kuantan member of parliament and a firm critic of the Lynas Advanced Materials Plant (LAMP) -- Australian miner Lynas Corp's rare earth refinery in Gebeng industrial area -- admitted facing a tough battle to retain her seat.

    The PKR vice-president believes sentiment on Lynas would work to her advantage, but she's worried about new voters, especially the more than 8,000 who would be voting for the first time in her constituency.

    In 2008 she defeated incumbent Kuantan MP Datuk Fu Ah Kiow by a margin of just 1,826 votes, after two failed attempts in 1999 and 2004.

    Ironically, the three state seats in the constituency -- Teruntum, Tanjung Lumpur and Inderapura -- remain BN strongholds.

    "Some of my votes in 2008 came from BN supporters. Now there are also new voters in my constituency. It will be tough," she said over breakfast in Kuantan on Saturday.

    Kuantan has always been a BN stronghold -- except in 1969, when Parti Sosialis Rakyat Malaysia won a seat in the state capital, and when Fuziah won in 2008.

    While some BN leaders outside Pahang might be concerned with the impact the Lynas issue will have come polling day, local politicians from both sides will tell you that for voters in Kuantan and Indera Mahkota, especially the Malays who live in the vicinity of the plant in Gebeng, the refinery is not considered a major issue.

    Ali Ahmad, a taxi driver and a voter in Indera Mahkota, said the Malays -- the largest bloc of voters in these two constituencies -- appeared to trust the government that Lynas was safe.

    The Chinese, however, cite the health problems related to the Asian Rare Earth project in Perak and identify with the struggle of anti-Lynas groups, like Himpunan Hijau, he added.

    But an Umno leader said there was a 65 per cent chance that BN would wrest Indera Mahkota, as its "missing in action" MP Azan Ismail is not defending his seat, but contesting in Terengganu, where he hails from.

    Himpunan Hijau chairman and recently-announced DAP candidate Wong Tack's attempt to wrest the Bentong parliamentary seat from MCA vice-president and Health Minister Datuk Seri Liow Tiong Lai, meanwhile, is unlikely to succeed even though Bentong is his hometown.
    Najib's detractors, as expected, were quick to accuse the government of trying to woo voters with a package of goodies announced at the JJD in Kuantan.
    The prime minister had, among others, pledged RM50 million to improve the road system and RM50 million to end the long-standing flash flood woes in Kuantan. He also announced an additional RM3 million for the construction of a private Chinese school in Kuantan.
    The proposed construction of 20,000 units of affordable homes in Kuantan, Paya Besar and Indera Mahkota were also questioned, when in fact, the facility is meant to cater to the rising need for housing and to support the robust growth in the East Coast Economic Region.
    The opposition's concern, naturally, was that the allocations would further boost the Pahang people's confidence in the government, said Datuk Mohd Soffi Abdul Razak, chair of the state Housing, Basic Amenities and Transportation Committee.
    The 2008 general election saw BN winning 37 of the 42 state seats and 12 of the 14 parliamentary seats. BN's state seats increased to 38 after independent candidate, Datuk Ho Yip Kap, who won in Tanah Rata, joined Gerakan in 2010.
    BN returned a strong government in Pahang in 2008. It should be able to retain its two-thirds majority in the 42-seat state assembly.
    - New Straits Times
    Apr 15 04:29 AM | 9 Likes Like |Link to Comment
  • REE/Strategic Mineral Concentrator, July 5, 2011 [View instapost]
    Mount Weld REE Price creeps up to $210 per kg

    sites.google.com/site/.../
    Jul 7 10:08 AM | 9 Likes Like |Link to Comment
  • REE/Strategic Mineral Concentrator, July 5, 2011 [View instapost]
    LYNAS JOIN FORCES WITH SIEMENS

    Lynas Corp will team up with Siemens in a joint venture that will help the German technology giant secure a long-term source of supply-constrained rare earth elements, coveted for their use in hybrid car engines, smartphones, iPads and other modern technologies.
    The two companies have signed a letter of intent to form a joint venture, of which Siemens will own 55 per cent, that will specialise in the production of high-powered rare earth magnets used in energy-efficient engines and wind turbines.
    ‘‘This planned joint venture would be an important strategic pillar for us to pursue a long-term and stable supply with high performance magnets,’’ Ralf-Michael Franke, chief executive of Siemens’ drive technologies division, said.
    Advertisement: Story continues below
    The chief executive of Lynas, Nicholas Curtis, said the deal was part of its strategic objective to become integrated into the supply chains of its end customers.
    ‘‘It’s strategically, in my opinion, very significant in that it sets a direction to say that we are using our first-mover position to establish strategic alliances,’’ Mr Curtis said.
    Mr Curtis said Siemens – and major Japanese investor Sojitz – were satisfied with the environmental credentials of Lynas, despite a large amount of negative publicity generated from its plans to build the world’s largest rare earth refinery in Malaysia.
    ‘‘[Siemens have] reviewed it fully, they understand and are comfortable with the reality of our operations, as are the Japanese,’’ Mr Curtis said.
    ‘‘You can’t go into the windfarm business based on an unsustainable environmental platform. It’s absolutely critical for them for this platform to be green.’’
    Siemens employs 36,000 staff in its drive technologies division, which generated 7 billion euro ($9.34 billion) in sales and is a heavy innovator in energy efficient technologies.
    China dominates 97 per cent of the world's rare earth production and has imposed export quotas in recent months, sparking a global rush to find alternative sources for the valuable elements.
    pwen@fairfaxmedia.com.au

    Read more: www.smh.com.au/busines...


    www.smh.com.au/busines...
    Jul 7 10:05 AM | 8 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, April 6, 2011 [View instapost]
    seekingalpha.com/insta...

    A Jack Lifton article highlighting MCP recent acquisition
    Apr 6 09:12 AM | 8 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 29, 2011 [View instapost]
    Rain the concentrator has't finished building yet. 7 years working in the construction industry i know it never finishes building on time. Read between teh lines and dont take what they tell you for face value.

    Don;t worry about Australia EPA , The Australian Prime Minister has shaken hands with the Japanese PM promising Australia will be a stable supplier of rare earths to Japan just 1 month ago
    Mar 30 07:27 PM | 8 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 8, 2011 [View instapost]
    tonight as i watch the DOW crash to 180 points, a smirk can be seen on my face as my heart gets poisoned with greed for LYC =)

    In my four years of investing in this stock i wait for moments like these where a world event unrelated to my sector which happen 3 times a year to load up alot of shares. I am confident doing this as the rare basket price keeps going up. Its the ultimate trade where i made a load of cash doing this waiting for th crowd to really start panic and become greedy when others are fearful.

    I have been telling everyone this strategy for a long time i keep load of cash in the banks earning interest and i let the trade come to me. I never chase Lynas thinking i will miss out i just be calm like the Buddha and strike like the crouching tiger hidden dragon when the moment is right.
    Mar 10 10:29 AM | 8 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, Feb 28, 2011 [View instapost]
    Really appreciate your comments and insights. This has been a long journey for me and for me to be discussing rare earth at a deep level with you guys has been a dream come true for me.

    I dont remember but i hope i didnt insult you when i first joined this forum....i remember rubbing a few members the wrong way with my passionate out bursts, i have learnt to tone things down abit=P
    Mar 1 11:37 PM | 8 Likes Like |Link to Comment
  • Why It's Time to Drop Rare Earth Stocks Today [View article]
    Hi inviolent. Simple explanation. I am bullish Lynas and Rae Earth and Bearish on MCP because the hate the stock. MCP gives the rare earth industry a very very bad name but telling the crowd a story and not showing any ounce of progress.

    Apr 13 09:26 AM | 7 Likes Like |Link to Comment
  • Why It's Time to Drop Rare Earth Stocks Today [View article]
    Inviolent since when did investing in stock comes with no risk at all? Which planet did you come from? You seriously think people become millionaires and it just happens? What's wrong with you seriously? People who become millionaire or Billionaire carry alot of risk thats how the world works. No risk no reward. You seem to think money grows on trees and people who takes risks is a Big NO NO LMAO

    You basically lost credibility from the moment you posted articles that contradict you own POV, it show people you just glance over the article and didn;t do much research at all.
    Apr 13 08:47 AM | 7 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 29, 2011 [View instapost]
    Looks like to me the American never checked the news when they trade Lynas just acting like sheep and follow MCP. The Australian public certainly liked the deal. But its still early trading and anything can happen.
    Mar 30 07:13 PM | 7 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 29, 2011 [View instapost]
    Alright guys please read what i have posted above. Before you go reading all the protestor headlines and scare yourself with all the news out there. The article above HIGHLIGHTS exactly where the Most powerful man in Malaysia Prime Minister Najeeb loyalty lies.

    I arrest my case
    Mar 30 07:10 AM | 7 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 29, 2011 [View instapost]
    Protest Fail

    www.freemalaysiatoday..../
    Mar 30 03:30 AM | 7 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 23, 2011 [View instapost]
    Got info from my contact that There will be a parliament march in Malaysia tomorrow against lynas project

    Kepe yu guys updated
    Mar 28 10:36 PM | 7 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 23, 2011 [View instapost]
    Guys CHeck it out here:
    www.lynascorp.com/page...

    Did you guys noticed how much higher Neodynium jumped in particular?
    Mar 28 10:35 AM | 7 Likes Like |Link to Comment
COMMENTS STATS
354 Comments
1,052 Likes