lyc - given time to reap rewards

This post is aimed at the Long Term suffering shareholders, it would be appreciated for all the short term negative posters to refrain from responding, thank you.

I believe that the following information published in document released earlier this week allows Lynas breathing space they require to move ahead and reap the rewards of all the hard work that they have done during the last 10 years.

Here is an extract of the information I have read from the recent announcement:-

"The proposed transaction includes a replacement of the current Sojitz /
JOGMEC repayment schedule with a single repayment of the entire facility
in June 2016. Completion of this transaction would allow the Company time
to further strengthen its financial profile through the build-up of cash flow from production and sales."

Please also remember once Lynas is making a profit , it will be a lot easier for them to present their business plan to other potential financiers , so that they can expand their business even further.

"Lynas remains engaged with existing and potential financiers regarding the
potential restructure of its existing financing facilities."

I suggest the Long Term SH's turn off their ASX screens and come back at the end of July for the next quarterly announcement and then look at the SP....you will most probably be in for a nice suprise

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