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Lynas setbacks in WA and Malaysia

Lynas Corporation has responded to setbacks on two fronts by agreeing to issue an updated explanatory memorandum on its Forge Resources takeover offer and saying it welcomes a review of its proposed processing plant in Malaysia.

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washinton state,usa
I recently bought 5000 common shares of Lynas Corp thinking it appears to have a great future as a company and an excellent investment. The report a top executive (Curtis) is involved in a deal to grant Forge Resources valuable mining property owned by Lynas is very disturbing and should be nixed by the shareholders and board of directors. He apparently is more interested in taking care of himself then getting the plants in Malaysia and Australia up and running. Thank you .Roger Struthers.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
102ndLynas Corporation123%-9%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Lynas Corporation$257.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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