Cafa, you appear to have overlooked the value of the USD/AUD at the point of signing off the Sojitz loan, 93c lol.
Particularly as we have an ex banker onboard any chance they might engage a little hedging you think?
Oh but wait, why hedge? Aren't our customers paying us in USD?
Lynas is a USD business, it simply reports in AUD thru the Australian parent, for the moment.
BTW, JPM have net interest at USD 9M this year & next, rising to USD 11M 2015.
assistance regarding current basket price, page-32
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