To Jim B
I always understood that in the event of the inability of a company to repay a contracted financial obligation then one solution would be to sell an asset or all assets of the company and the debt, which in this case would be $150 million plus interest, would then be taken out of the proceeds of the sale and repaid to lender (in this case JARE). I don't think that 150 million plus interest would place the WHOLE of the Lynas business into JARE'S hands. There are also several easier ways of raising this amount of cash, i.e. as you suggested, a new stock issue.
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