Come January Lynas will make a significant payment to its JARE facility. By January 2019 it will have paid off the facility completely and have healthy sums in the bank (a guess but $50-100m).
With FCF of over $1m rolling in every couple of days Lynas could fund its own significant expansion from revenue. I don't know how much it would cost to double its plant in terms of size but even if it were $400-500m then its likely to be paid off within a year of completion.
Current prices are so profitable for Lynas funding expansion need not even require looking to lenders. Though JOGMEC may want to shore up supply and open their wallet if asked.
LYC Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)