How are "bond conversions" funding the 2 NEXT projects announced to date?
Debt is a positive business tool when used to leverage or expand a positive business plan, with servicing during development the critical factor, obviously what nearly sank Lynas with the shortfall in revenues.
Given the soft coupon on JARE debt I'd expect Lynas to minimise capital payments prior maturity, far more productive things to do with the cash.
How are "bond conversions" funding the 2 NEXT projects announced...
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