we need to build a positive thread on lynas, page-19

Interesting Specky, following your line of thought just wondering if whatever Lynas was prepared to Ann. initially contained a component Sojitz viewed as unfavourable which has brought them to the table last minute, necessitating the suspension. While a 2016 repayment certainly doesn't broaden the debt repayment window it certainly takes the pressure off.
Just extending for a moment, if Sojitz have backed down on their refusal to negotiate further, just wonder whether lynas may have been bold enough to include some "take or pay" component over the 8500ktpa offtake that was initially intended to underpin Ph2. I guess at the time no one thought this was necessary but obviously the weak link in the deal from Lynas POV. Sojitz/JOGMEC promoted this deal, advanced the funding, then reneged on the offtake in preference to chinese illegal production (either that or Jap RE demand has totally collapsed based on official Chinese export data).
Wonder what the SP would do on that debt extension, a firm offtake for Ph2 and a SPP circa 15c. Might be a scramble.
Wait and see.