LYC 0.78% $6.35 lynas rare earths limited

assistance regarding current basket price, page-23

  1. 8,916 Posts.
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    Jason, following is from 4-traders.


    Not sure how this works out, but they are forecasting first pre tax in 2015 of $182m AU. 4 weeks after this EOY, some $300m + would have been payable to service loan repayments, assuming the SP does not go above $1.25 or whatever the Mt Kellet conversion price is.

    This is one hell of a tight call. If the stars line up for LYC, then yes they could make this without a CR, but it only takes one thing to go against them, for trouble at mill.

 
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