Debt problems not resolved

there has been a lot of crowing by Lynas shareholders about the debt restructure, as if it has saved the company ..... well it hasn't, here is part of the debt restructure announcements:-

http://www.stocknessmonster.com/news-item?S=LYC&E=ASX&N=872588

There you have it in black and white:-

30 June 2016: US$205M (AUD $288M) repayment due 30 June 2016 has been reduced to USD$2M (AUD$2.8M).

30 June 2017: USD$20M (AUD $28M) repayment is due

30 June 2018: the remainder of the loan is payable (problem remains, just kicked down the road)

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30 June 2016 quarter Lynas generated A$6.4M in free cash flow, .............. that is before principal and interest repayments ...........

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Question:- can some of the happy Lynas shareholders tell me what happens on 30 June 2018, if Lynas current operating performance continues.

Another question:- will the Japanese lenders be as generous if the Japanese have an alternative non-China based supplier of Pd/Nd.

Sentiment: I rate Lynas a strong SELL.