Promises Kept

30th November, 2012

A day Kuantan started to cry

 

 To Lynas

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Don't get mad

Very often I hear this and it is getting louder with time and the frequency is getting higher and higher.

Why ?

Click ' Do you want the devil you know ? ' from Kee Thuan Chye for his view.

 The Australians love this. 

They make tons of money from their natural resources and keep the toxic and radioactive waste 4000km away from Australia.That is beautiful. Life cannot be much better

 The happy and healthy Australian


 

Poor Malaysian

Lynas loves this - Promises Kept

Rare earth concentrate will arrive safely and the Lynas plant can start its operation anytime.

“They have to process the waste into products and then send it out of Malaysia. Lynas has already shown it is able to do that,”

Let's see.

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Under the cover of darkness

Under the cover of darkness,

102 rare earth concentrate arrived 

at the Lynas plant near Kuantan.

22nd November 2012, it is

the starting of prosperity to Lynas

It is the beginning of 

a potential nightmare to the people of Kuantan

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Rare Earth Concentrate has Arrived !!!!

On 8th November, the Kuantan High Court has lifted the interim suspension of the Temporary Operating Licence (TOL) for Lynas, within 14 days, 102 containers of rare earth concentrate has arrived at Kuantan port at 11pm last night under heavy police escort. The 4000km journey from Australia to Kuantan is supposed to take a month, Lynas must be very confident of the court judgement to have its shipment started 16 days before the judge has lifted the suspension. Malaysia Boleh ! Lynas Boleh !!

The Government continued to claim that the everything is safe despite the fact that the Australian refused to have the plant in the Australian desert and take the trouble to send the concentrate 4000km at high cost and with high risk along the way to Malaysia for treatment. Malaysia really Boleh.

This is how big the Australian Continent 

Click 'Malaysians must know' for more information.

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Lynas to start production in December 2012

Lynas executive chairman Nicholas Curtis told the company’s annual general meeting in Sydney on Tuesday (20/11/2012) that its rare earth processing plant in Gebeng, Kuantan is expected to start production next month. The plant is expected to reach full capacity production by the second half of 2013.

 Toxic discharge from rare earth plant in China

The whole world needs rare earth but no government that care for the people will allow the import of rare earth ore into the country to be processed.

Baotou rare earth plant in China

China has 23% of the world rare earth reserve but is supplying more than 90% of refined rare earth on the global market. Why? It is because the waste produced is very toxic and is radioactive. Countries with rare earth reserves are reluctant to mine and to process rare earth despite of the high price and tight supply of rare earth products in the global market. To refine rare earth ore for another country is definitely a big 'NO' except Malaysia, a laughing stock to the world by now, but the Japanese (the main rare earth user) and the Australian really love the Malaysian Government.

Save Malaysia Stop Lynas (SMSL) Chairman Tan Bun Teet

Knowing very well it is a losing battle right from the beginning but these true Malaysian continue to block the project with all possible means despite of all the threats and harassment. These are the one that really care for you and me, our country, our future and our next generation, and next, and next .......

Himpunan Hijau Chairman Wong Tack

They deserve our respect of the highest level and we should give them our supports in anyway we can. 

The anti Lynas walk from Kuantan to Kuala Lumpur has reached its 8th-day. The participants are scheduled to reach Bukit Tinggi today.

They will be at Dataran Merdeka on 25th November and at the Parliament on 26th November.
Big anti Lynas crowd is expected to gather there. Want to join in ? See you there.



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Dutaland - One possible wave count

One possible wave count for Dutaland is as shown below

Wave (I)-(II), 1-2 formation. If the lower trend line is the support, 51 sen can be a possible ending point for wave 2, unless its is an expanding a-b-c formation.

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Dow - Possibility 1 can be eliminated

Dow dropped 185 points (1.45%) to close at 12570 level on Wednesday. With that, Dow has gone below its short-term lower resistance line (red line by joining point (ii) and (iv)). It confirmed that major wave (5) has only 5 waves. Thus, possibility 1 can be eliminated.

Next is possibility 2 where the mega wave 1 may have 9 major waves as shown below.

Major wave (6) may end around 12,000 level, staying on top of the longer term resistance line (green line by joining (2) and (4)).

This possibility 2 can only be eliminated if Dow drops below 12,000, by then we will left with only possibility 3 where mega wave 1 has ended and mega wave 2 has started.

The minimum target for mega wave 2 is the 10655 level, the low of major wave (4). The maximum pullback is the scenario of a 100% retracement to the starting point of mega wave 1, the 6547 level.

At this moment I am going to focus on possibility 2 and the 10655 support level until such time when Dow goes below the 10655 level and possibility 2 is eliminated.




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