LYC 0.63% $6.41 lynas rare earths limited

So all up over 70mil (incl. chi-x) - just about enough to clear...

  1. 983 Posts.
    So all up over 70mil (incl. chi-x) - just about enough to clear that 6.5 hurdle. Would like a quiet day tomorrow, to consolidate for the next leg up. But, Lynas doesn't generally play by the rules, does it? But, hopefully after todays announcements, there is some clarity moving forward. Out of curiosity, and perhaps I have not understood what has been put out today, but the Equity Swap, is four years hence, in the event that Lynas is unable to pay its debt obligations. And, if so, the potential dilution would only relate to the warrants.. Is that correct?
 
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