Guys,
In my humble opinion the Top Up of $10 million will be at the same $0.113 as the SPP and my moderated posts last night and the placement will be in addition to the Top Up and again in my opinion, it will be at the same price as the SPP and Top Up.
This is a great outcome for Lynas with an over subscribed SPP (albeit a small over subscription), the full 10 million Top Up and now a further placement.
This will strengthen the balance sheet and see Lynas go into full production on stage one.
All we need now is a positive May update and some clear indications of where stage 2 is at and when it will be commissioned.
The way ahead now seems quite positive.
Guys,In my humble opinion the Top Up of $10 million will be at...
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