1. Mt K, can only profit if the shares stay above 10c... therefore you can profit too, if you buy now.
2. Mt K, needs to be given an incentive to reduce the rate to 1.25%.
3. We need Mt K as a counter balance to JARE BV.
4. We need JARE BV as a counter balance to Mt K.
5. Amanda has played them both. She knows that:
-Mt K does not want to take a massive loss on the junk bonds.
-Mt K can easily come up with funds to pay of JARE BV, if JARE BV wants to call in the loan.
-JARE BV will not call in the loan, because:
- Mt K will protect their investment by loaning Lynas another 200mill.
- they would not longer be guaranteed supply contracts.
-Mt K would be better able to monetize their bonds and fight off JARE BV, if they decided to call in the loan.
6. Amanda knows, that the only other option is a capital raising, which will discounted!!!
LYC Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
(20min delay)