Not sure what your point is. Lynas are simply restructuring the existing senior lender financing facility. As far as I am concerned this is a permitted financial liability. Lynas have made it clear that the transaction will be undertaken in accordance with the terms of the Group’s other debt facilities.
You are right though, timeframe is different. The same amount of debt is now due in June 2014 instead of 5 instalments of varying amounts with final payment due March 31 2016. Any outstanding Mt K bonds are not due for redemption until July 25 2016.
I can just see it now. Mt K kicking up a fuss because the new debt payment schedule gives the company more time to strengthen its financial profile. Are you serious?
- Forums
- ASX - By Stock
- LYC
- Buying prior Operations Update
Buying prior Operations Update, page-13
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.90 |
Change
0.090(1.32%) |
Mkt cap ! $6.449B |
Open | High | Low | Value | Volume |
$6.94 | $6.95 | $6.79 | $17.23M | 2.502M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20 | $6.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.90 | 970 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1790 | 7.240 |
1 | 4000 | 7.230 |
1 | 10 | 7.060 |
1 | 144 | 6.910 |
2 | 3147 | 6.870 |
Price($) | Vol. | No. |
---|---|---|
6.660 | 81 | 1 |
6.740 | 2644 | 1 |
6.760 | 472 | 2 |
6.780 | 6000 | 1 |
6.850 | 226 | 1 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online