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Old 06-07-2009, 02:00 AM
Sparty Sparty is offline
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Join Date: Mar 2009
Posts: 1,765
Default Re LYC

Swan is our current labor party treasurer... a great leap forward from the previous incumbent Costello.

LYC has in fact now got CNMC as a new shareholder. (China Nonferrous Metal Mining (Group) Co., Ltd (CNMC) with 51.66%.

The upside is that LYC probably now has the funds to move forward to mining and processing.

See: http://www.lynascorp.com/content/upload/files/press_releases/Lynas_Media_Release_010509.pdf

 

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