LYC (ASX) dr looi on fb malaysia

Originally posted by hw looi ↑

♥♥♥ Quote: “Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin said that the ministry employed the ‘precautionary principle’ (PP) on Lynas due to concerns over possible widespread contamination of its naturally-occurring-radioactive residue in cases of natural disasters such as flooding.
“Is there any guarantee that no harm will come to the public if Lynas is flooded? We want to reduce risks,” Unquote.
.
Comment:
On the 24th of December 2012, the east coast of Malaysia has one of the worst floods ever in
decades because of the severe Monsoon rains.
Large areas of Kuantan town and the rest of Pahang state was severely inundated.
However, according to one of the Chinese newspapers Sin Chew,
the only famous place that is NOT FLOODED IS THE LYNAS PLANT !
.
This is not unexpected as the plant is built on land
that is 10 METRES (33 ft) ABOVE SEA LEVEL.
So if the plant is flooded, practically the whole of Kuantan would be severely flooded and most of the Kuantan folks would be under at least 10 ft of water!
my.geoview.info/kawasan_industri_gebeng,7650931
.
♥ Kawasan Industri Gebeng is a industrial area and is located in Pahang, Malaysia.
.
♥ The estimate terrain elevation above seal level is 10 metres (33 ft).
Latitude: 3°58'12.72" Latitude: 3 ° 58'12 .72 "
Longitude: 103°23'10.32" Longitude: 103 ° 23'10 .32 "
.
♥ And do you know that the 3 Lynas residues consisting of FGD, NUF and WLP if not separated and left in it's moist form, with about 35% moisture, would have an average specific activity of only 0.9 Bq/g even without dilution by blending with the Malaysian soil !
.
A RADIOACTIVITY OF 0.9 Bq/g IS FIT TO BE EATEN (IF EDIBLE) UNDER US AND EU REGULATIONS ! ! !
.
Regulatory limits on radioactivity in foods (source: IAEA)
.
USA foodstuff = 1.20 Bq/g (1,200 Bq/kg)
.
EU foodstuff = 1.25 Bq/g (1,250 Bq/kg)
.
SO THE RADIOACTIVITY IN THE LYNAS RESIDUE IS NOT DANGEROUS AND IF not separated and left in it's moist form, with about 35% moisture,
will have a RADIOACTIVITY of only 0.9 Bq/g,
.
AND IS FIT TO BE EATEN (IF EDIBLE) UNDER US AND EU REGULATIONS ! ! !
.
♥ NICK TSURIKOV, RENOWN INTERNATIONAL RADIATION SAFETY SPECIALIST and co-author of the IAEA Safety Report on Radiation:
"THORIUM IN "WASTE" IS INSOLUBLE AND CANNOT POISON ANY PLANTS, ANIMALS OR THE ENVIRONMENT - EVEN IN THEORY."
.
SO IF A SUPER FLOOD HITS THE LYNAS PLANT AND MIXES ALL THE 3 RESIDUES OF WLP, NUF AND FGD TOGETHER, THE MOIST MIXTURE WILL BE FIT TO BE EATEN (if edible) according to the Regulatory limits on radioactivity in foods in both the USA and EU (source: IAEA).
.
So what is the big problem?

Expand

"So what is the big problem?"
LYC is an Australian company supplying the ROW with quality RE. LYC is primarily supplying & supporting the Japanese market. LYC is in direct competition with the Chinese state enterprises that are reliant on the deep pockets & policies of the Chinese government to operate.
Is it not Chinese government policy to require 'Chinese' diaspora to provide assistance to the Chinese government/intelligence services if asked?
This would not be happening if LYC was a Chinese state owned puppet.
This isn't about science, public health or topography.

No.	Vol.	Price($)
1	7031	$6.78

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7031

$6.78

Price($)	Vol.	No.
$6.79	26798	2

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$6.79

26798

No.	Vol.	Price($)
8	199853	2.100
10	344199	2.090
12	173545	2.080
8	132357	2.070
5	29042	2.060

No.

Vol.

Price($)

199853

2.100

344199

2.090

173545

2.080

132357

2.070

29042

2.060

Price($)	Vol.	No.
2.110	132652	8
2.120	195216	18
2.130	132928	9
2.140	133591	12
2.150	426925	28

Price($)

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No.

2.110

132652

2.120

195216

2.130

132928

2.140

133591

2.150

426925

(20min delay)
Last $6.78		Change -0.090(1.31%)		Mkt cap ! $6.552B

Open	High	Low	Value	Volume
$6.94	$6.94	$6.76	$15.83M	2.291M

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