LYC 3.35% $8.02 lynas rare earths limited

Can someone refresh my memory on the situation with Mt Kellett....

  1. 2,465 Posts.
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    Can someone refresh my memory on the situation with Mt Kellett. I recall reading a LYC news release not long after the cap raising was announced that Mt Kellett had approached LYC to discuss whether the raising had triggered an "adjustment mechanism". I believe LYC can't answer this until the cap raising is finalised but anyone got any theories on whether this might have something to do with LYC getting hammered (apart from the MSCI removal).
 
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