LYC 0.00% $6.40 lynas rare earths limited

afr: mt kellett may convert debt into equity, page-25

  1. 8,033 Posts.
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    Mt Kellett isn't worth talking about
    Except the fact Lynas are prevented from capital
    Raising for 7 or 8 months because of the deal

    If Sojitz can be paid until Mt Kellet bonds are due
    Then a new deal can be done to pay Mt Kellett out
    When the time comes

    It all hinges on the $80 million for Sojitz
    in the next year

    IMOO
 
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