LYC 1.32% $5.98 lynas rare earths limited

Ann: Amendments to Debt Facilities-LYC.AX, page-3

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    Would appreciate other views on this.

    -The Conversion Price for the Convertible Bonds will be reduced to A$0.10 and the exchange rate for conversion will be adjusted to US$1.00=A$0.75.

    Does this means Mt K debt is now around A$168m?

    And if converted:
    168/0.10 = 1,687,500,000 shares
    Last edited by goofy: 27/10/16
 
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