LYC 0.30% $6.76 lynas rare earths limited

Looks like a broker holding this up, page-22

  1. 979 Posts.
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    Sorry I thought it was clear that Japanese Industrialists and the debtors were one and the same. I should have suggested that the Japanese industrialists would be Sojitz aided by JOGMEC. The question is what is the best tactic to take ownership of the plant. Given that the next financial report will probably have its depreciated value at less than the debt. And then there is the question of continued supply.
    If at the end of the day your debtor is able to break even at least you are getting a dividend.

    "the aim of Sojitz Corp is to handle more than 50% of RE imports into Japan" in 2011 this was 8,500 tonnes or 30% does any one have more recent figures.
 
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