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I've been missing in action for some time now but logged on now to see how the Lynas was mentioned on this forum. Lots of water has gone under the bridge since those early days. I often wonder what Curtis thinks about Lynas now. I posted this on another forum today where there seemed to be panic because of government changes in Malaysia this week:

 

"I was of the opinion that the Lynas Mt Weld deposits may not be the largest deposit but they are the RICHIST and that is why they are so valuable. They are also less radio active with the radioactivity being in the form of Thorium and not Uranium. In addition i believe you are right when you say they could be the most efficient and enviromentally responsible refining operation in the world.

One thing that Lynas has in its favor is that they also have one of the best CEO in the business. Amanda's management has been amazing. I am sure when Curtis stood down and appointed her as manager it was because he expected her to fail and his other interest, Forge, would take them over for a song. I'll bet he lies awake at night wondering how she succeeded when he failed. Not only has she been a good manager but a good ambassador and that has been needed with the political aspects of mining and processing rare earths. This need will continue as long as mining rare earths continues.

I can't imagine any reason to be bearish on Lynas. I can see many reasons to be bullish."

There are people here, still posting, that will remember the time when Curtis was prevented from selling out to Chinese interests and it was shareholders posting here that lobbied government to stop that happening. Later on when he was trying to sell Lynas assets to another company where he was the major shareholder it was shareholder action that lobbied ASIC to have that sale prevented.

Those will also remember the early days in Malaysia when Curtis failed to get the plant operating and covered that up by blaming the Malaysian protest groups stopping the plant operating. At that time I was privy to inside information and posted the real story on stock forums. Next came the sale of most of his holdings to a merchant bank at a price above the current SP. The rumor at that time was that he had bought a large luxury yacht and when it was delivered he could not pay for it with this happening at the same time he had borrowed against his shareholding. The story was that a condition at the time was that he resign as CEO. He  appointed Amanda as CEO, probably expecting her to fail and with Lynas close to liquidation he would get a cheap takeover. Amanda has turned out to an amazing manager with political nous and has managed to make Lynas a great company and a great investment.

In the past I have talked about the Lynas story would make a great movie. It may yet do that.