LYC 1.14% $6.22 lynas rare earths limited

After the Duncan and Crown deposit issue, what s the need to...

  1. 121 Posts.
    After the Duncan and Crown deposit issue,

    what s the need to finance working capital through convertible bonds taking into account this implies a dilution 10% for all shareholders?

    At this stage, NC cannot extend another facility?

    LT shareholders have to favour ex Goldman Sachs guys just when Lynas is going to become a huge profitable business?

    https://www.mountkellett.com/restricted/get/about_us-overview.html

    Is that NC has reached an agreement in the backstage with Mt Kellet or... wants to have allies to have further control on LYNAS?

    NC should have asked previously to LYC shareholders what do they consider is best.

    There´s again lack of transparency on NC intentions. I guess LT shareholders should promote an urgent Extraordinary General Meetting (EGM).

    NC has to clarify all this if he wants no damage on his credibility and remain as President.



 
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