LYC lynas rare earths limited

Debt problems not resolved, page-9

  1. 3,237 Posts.
    something has to be done about the debt, because put simply "based on current operating performance Lynas has no chance of repaying the restructured debt on 30 June 2018 when the loan is payable"

    there is only one thing in my opinion which can save Lynas ......

    arrange "strategic partnership" and the strategic partner providing a substantial cash injection in return for shares

    the benefit to existing shareholders (strategic partner funding) is that shares issued from such raisings usually don't find their way back onto the market in a hurry - that's what we have seen with similar capital raisings elsewhere

    using a broker to raise money results in broker underwriting fees perhaps many more shares being issued - than may occur with strategic partner funding

    best to all Lynas shareholders
    Last edited by longtermlegs: typo 30/08/15
 
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(20min delay)
Last
$10.00
Change
0.330(3.41%)
Mkt cap ! $9.354B
Open High Low Value Volume
$9.84 $10.02 $9.65 $74.35M 7.510M

Buyers (Bids)

No. Vol. Price($)
1 3000 $9.92
 

Sellers (Offers)

Price($) Vol. No.
$10.00 60555 22
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