LYC 1.31% $6.78 lynas rare earths limited

Appeal to Ignorance old story....Precautionary Principal new...

  1. 6,838 Posts.
    lightbulb Created with Sketch. 197
    Appeal to Ignorance old story....Precautionary Principal new story

    "Although the precautionary principle is not a formal logical fallacy, it is very dependent on the logical fallacy, argument from ignorance, which asserts that a proposition is true because it has not yet been proven false." Hence Yeo's position that a disastrous event looms from Lynas WLP.

    She fails. "The precautionary principle states that when there is reasonable suspicion of harm, lack of scientific certainty or consensus..." She ordered a review of Lynas got the review and ignored the results. These people I mind you were her very own hand picked best of knowledge people from Malaysia. A slap in the face she gave them.

    It is of utmost importance for the Malaysian Cabinet to over-rule her erroneous dissension based not only on the latest report, Lynas track record but on her career long bias toward Lynas too. The Precautionary Principal argument has no place here. It is being thrown in front of the bus that very bus she is driving and she doesn't seem to know how to stop it.

    https://rationalwiki.org/wiki/Precautionary_principle


    Last edited by The Dean: 07/03/19
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(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

Buyers (Bids)

No. Vol. Price($)
1 7031 $6.78
 

Sellers (Offers)

Price($) Vol. No.
$6.79 26798 2
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.