LYC 0.51% $5.86 lynas rare earths limited

JARE prohibits Dividends

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    Interesting .. didn't realize the JARE was what was prohibiting a "dividend" …


    "... Lynas Corporation managing director Amanda Lacaze hopes to speak to lenders about resuming dividends in future years, as the company steams toward its first full-year profit as a rare earths miner. …

    Lynas is currently prohibited from paying dividends under the terms of its agreement with its senior secured lender JARE. "
    Rare earths miner Lynas Corporation posts $78.7m half-year profit
 
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