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toly

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  • REE/Strategic Minerals Concentrator, Dec. 7,2012 [View instapost]
    Here are some very recent quotes by Wong Tack that may indicate a shift of focus from Lynas, to the government as a whole. While it does not look like he has 180ed his position, it would appear that he may be recognizing the truth and is looking for an easier street to hawk his wares...

    “After this, Lynas will not be our focus anymore. But to destroy the threat, we must look hard to prevent further corruption and abuse of power,” Himpunan Hijau chairman Wong Tack told The Malaysian Insider yesterday.

    “We will work hard to bring down the regime ... We will bring down the government,” Wong declared.

    He admitted that it would be impossible for the group to dismantle the Lynas Advanced Materials Plant (LAMP) which had been given the green light to operate after a temporary operating licence (TOL) was granted.

    “We were never against Lynas coming, we were never against rare earth, we just don’t want them to go through a short cut,” Wong asserted.

    “When they are 100 per cent ready, 100 per cent safe, and comply with the regulations 100 per cent, they can go on. Why does Malaysia have to take all the risk?”

    Despite shifting its focus on other environmental threats in Malaysia, Wong stressed that Himpunan Hijau will not be sitting idly with regards to Lynas.


    http://bit.ly/YLeeS3
    Jan 1 12:35 PM | 6 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, July 17, 2012 [View instapost]
    Hi TB, the interview I am talking about is the interview with Pro-Edge Consultants CEO, Tracy Weslosky by Lelde Smits for the Finance News...

    Also, part 2 of the NC interview has been released and it is quite informative, talking about demand destruction and supply stabilization...
    Jul 29 10:45 PM | 3 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, July 17, 2012 [View instapost]
    Great interview, this should budge the price up a little...

    http://bit.ly/MVbb5U
    Jul 29 06:19 PM | 2 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, July 17, 2012 [View instapost]
    Seems like it might be time to wake up, the last NC interview blew my socks off with the mention that Lynas has plans to vertically integrate by pursuing (RE) metal production downstream at Mt. Weld…

    (We will pursue) "an integrated operation down stream here in Australia... obviously we think metal production is a critical factor for us, we think, developing potential downstream is important to us and we've got a few plans."

    Could be an interesting week...
    Jul 29 01:47 AM | 4 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, June 17, 2012 [View instapost]
    I wonder if this latest headwind has Fuzzy and company behind it?

    "An MP is calling on the State Government to make radiation monitoring results public after revelations the Lynas Corporation has been stockpiling rare earth concentrate in Bibra Lake."

    http://bit.ly/M9xOWe
    Jun 21 11:31 AM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, June 17, 2012 [View instapost]
    Now that our little girl has graduated from high school and is going off to college it might be interesting to look into the crystal ball to future potential developments. It will be very interesting to see that the conversation shift from LAMP political challenges to technical progress which, IMO, will provide a solid foundation to warrant significant share price appreciation...

    It won't happen overnight but it will be unstoppable...
    Jun 18 12:31 AM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, May 31, 2012 [View instapost]
    DG, It is a ~ 8-mile natural gas pipeline lateral across the Mojave Desert to the mine. The lateral will be used to supply natural gas to twin-15 Mega Watt Cogeneration turbines. These turbines will produce the majority of the power needed at the facility.

    Cogeneration is the process of using the Nat Gas to create the heat for steam to run the turbines, but the neat thing is that the excess heat is typically used in some other stage in the process... I'm not familiar enough with this process to know if this is the case but I would be surprised if they didn't use the heat in a second stage...
    Jun 9 07:14 PM | 4 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, May 31, 2012 [View instapost]
    Agreed 100% Chi, it takes great patience to be an investor these days, but I have held my position in Lynas and still have great hopes for the RE industry as a whole.

    One good thing is that as you allude to, the competition is stopped in it's tracks and anyone considering a RE investment (BHP, Vale, RIO) are probably sitting on their hands waiting for more clarity.

    It's the ROW economies that are driving all of the markets and in particular the Euro zone issue is still destroying wealth at a rate far greater than the problem itself. If we created a global fund with the idea of throwing Greece and Spain out of the Euro and paid their debt with that fund, things would be back to normal by now with far less deterioration of international wealth. Ah yes, make me the emperor of the world :)

    In any event, things are just not as bad as most folks are making them out to be, and the pendulum will once again swing the other way. It just takes a little time.
    Jun 3 10:50 PM | 3 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, May 10, 2012 [View instapost]
    May 10 (Reuters) - Lynas Corp Ltd said on Thursday it was on track to start up its rare earths plant in Malaysia next month after an official in the country called it "the safest rare earths plant in the world."

    http://reut.rs/M1Yt7a
    May 10 07:46 PM | 6 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, April 16, 2012 [View instapost]
    Good article on emerging juniors...

    Rare Earth Juniors Have a Five-Year Window: John Kaiser

    Read more: http://bit.ly/JJcbdP
    Apr 25 12:21 AM | 3 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 2, 2012 [View instapost]
    It would appear that the opposition ran their 1000 responses to the TOL through a copy machine. IMO that makes this recent process irrelevant as it represents total BS thrown into the issues… Anyway the board will look into it… A sliver of good news today anyway...

    Board to question ‘identical responses’ on Lynas feedback

    SEPANG: The Atomic Energy Licensing Board wants the Public Consultative Committee on Lynas to explain the discrepancies in statistics on public feedback regarding the issuance of a Temporary Operating Licence (TOL) for the project.

    Dr Noor Hasnah Khairullah, the special adviser to the board's director-general, said the statistics presented by the consultative committee had been “misunderstood” because figures showed that most of the over 1,000 respondents did not even read Lynas' permit application.

    “We received 334 visitors and had over 1,000 responses. In some instances, they just brought a stack of responses and handed these in but with different names and IC numbers.

    “Out of over 1,000 responses, more than 900 were verbatim identical,” she said at a briefing at the board's office here yesterday.

    http://bit.ly/GShN48
    Mar 23 04:00 PM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 2, 2012 [View instapost]
    Anybody know about this?

    "Anti-Lynas group urges Singapore to disallow shipments into port"

    http://bit.ly/Av0PmK

    Apparently the concentrate goes through Singapore on the way to Kuantan...
    Mar 9 09:07 PM | 5 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, 2-22-2012 [View instapost]
    Pretty benign protest event in Kuantan… Expected… 20,000 Actual… 4-5k…

    Short protest ~ 1.5 hours quote from Star

    http://bit.ly/xMWvLA

    "10.50am: Opposition leader Datuk Seri Anwar Ibrahim arrives.

    11.00am: Protestors observe a minute's silence. Bersih 2.0 chairman Datuk S. Ambiga tells the crowd that Malaysians reject Lynas and those who support the project.

    11.20am: Anwar tells crowd that PR will cancel the Lynas project once they take over Putrajaya, will defend all environment and heritage issues.

    11.30: The organisers announces end of rally and asks the crowd to disperse."

    When you compare it to our election Anwar sounds generic, almost trivial… Good news IMO...
    Feb 26 12:02 AM | 3 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, Feb. 7, 2012 [View instapost]
    Good article from Jeb….

    http://bit.ly/z36ri7
    Feb 14 11:16 PM | 4 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, January 31, 2012 [View instapost]
    Just a couple of comments, first of all the simple truth is that Lynas has become an institution in Malaysia, any investment of over $500m has critical mass in itself. To suggest that any operating permit will be denied goes against the rules of capitalism, there is just too much money for this situation to not work out. The true reason for the delays are engineering and construction problems that occur with any project this size.

    That said, the past month has been pretty flat for Lynas in terms of trading, the political sideshow SEEMS to threaten the completion and operation of LAMP but the facts are that it is a safe and well engineered facility. This has been known for a long time and the uninformed protest group is just passing the time.

    What is really concerning is that the lack of Rare Earths on the market are creating demand destruction in the marketplace. It's simple. Without any rare earths available on the market at a reasonable price, the end users have reason to develop uses for an end product. Instead of the infighting and competition within the industry, we should all be pulling for the Rare Earth Industry as a whole. Instead of a bigger piece of the pie, let's make the pie itself bigger...
    Jan 31 02:06 PM | 7 Likes Like |Link to Comment
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