LYC 1.52% $8.02 lynas rare earths limited

lynas unable to raise equity?, page-2

  1. 220 Posts.
    A bit too soon to be clamouring for an announcement on cap raising - it's only been 1 week since half yearly statements. But really, it's a question of WHEN Equity raising will occur rather than IF it happens. I'm thinking a Mt Kellet style transaction is most likely.

    The company has debt bleeding out of its ears so I will be waiting until funding is sorted out before I gamble on this

    Best result would be a pure debt raising since that implies they are confident that product is close to completion. At least you would hope so, but this management is fantastic...
 
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