Interesting BM that no recognition has been given to the fact $290m of this debt has already been approved by shareholders for conversion to equity, albeit at terms favourable to MK.
The HC topic heading should therefore more correctly have read "$270 mil debt"
Subsequent discussion could then have focussed on the time it will take Lynas to repay or restructure that debt into a manageable repayment program. This will most certainly happen once the price of RE increases and Lynas operating cash flow dwarfs the remaining JARE debt.
Come in spinner, page-2
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18985 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 53073 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |