LYC 0.78% $7.76 lynas rare earths limited

Questions..., page-210

  1. 5,056 Posts.
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    I think paying down as much of the JARE debt over the next 3 years would be a priority. Not sure if bond holders will convert but no big deal as I'm sure Lynas will have no issue sourcing funds to buy back bonds if need be.

    Total liabilities over the next 3 years, excluding buying back bonds, equates to approximately A$358m.
    $24m outstanding interest for period Jan - Dec 2016
    $32m AELB bond payments
    $30m in debt interest payments
    $15m mining campaigns
    $257m JARE debt

    To pay off $358m over 3 years Lynas will need to generate around $30m free cash per Q. Totally doable IMO.
 
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