LYC 0.90% $7.70 lynas rare earths limited

look forward, page-13

  1. 3,672 Posts.
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    My take on this is that if it is underwritten, they are guaranteed to at least receive 25 million from the SPP.

    If retail applied for 26 mill, then JP would stump up nothing

    If retail applied for 24 mill, then JP would stump up 1 mill.

    Happy to be corrected
 
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