Anyone on the conference call clarify NCs answer to the question, transcript seems iffy, but I did sent a question asking for a definition of a non approval event to both Mt Kellett and Lynas, will report back when responses recieved.
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Operator
Your next question comes from the line of (inaudible) Wentworth Capital. Please go ahead.
Unidentified Analyst
Nick just a question around the convertible bond date, and I suppose some of the terminology that’s been used around defining whether the TOL is issued or not issued or not approved. So in the bond date, there is a last one approved event. So at the moment, is the TOL defined as granted or approved but not issued or is it just not approved? Nicholas Curtis - Chairman
Your question is extremely realistic question and I appreciate the question, our broad answer is yes, we do not believe we will have test that issue.
LYC Price at posting:
76.0¢ Sentiment: LT Buy Disclosure: Held
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