Cafa: “If LYC could raise standard bank financing at below 6% then they should retire this loan and thus remove the covenants attached to it.”
Cafa, you should give the Sojitz/JOGMEC facilities funding a good rest. On to your next fixation.
“In Australia, phase 1 construction of a rare earths concentration plant has been completed, providing Sojitz with a supply of about 3,000 tons annually. Phase 2 construction has begun, with completion scheduled in the second half of 2013. Once phase 2 is up and running, we will have the infrastructure in place to sell
9,000 tons of rare earths annually.
www.sojitz.com
“Sojitz is the largest supplier of rare earths into Japan and will be Lynas' exclusive distributor into that country, with about 70 per cent of the Australian company's 22,000 tonne capacity now allocated.”
investorintel.com
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1 | 3277 | 7.740 |
2 | 36687 | 7.720 |
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Price($) | Vol. | No. |
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7.770 | 6522 | 1 |
7.780 | 3600 | 1 |
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