Renegotiate the debt? They are going to have to pull a warren load of rabbits out of hats in July/August in terms of production and costs if that is to happen. I can't see anyone lending $215m on the hope of the CEO that they'll be at 11,000tpa and profitable by December, based on previous success of meeting guidances, expectations, targets, whatever.
If they can't get the loan re-neg, hopefully Sojitz (who, according to the article are still very much behind Lynas) will run with another deferment if things are looking up. Otherwise they'll be out of cash at the end of Sept, IMO.
Renegotiate the debt? They are going to have to pull a warren...
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