But, I would think that this might have to come into play first:...

But, I would think that this might have to come into play first:

A Bondholder shall not be permitted to exercise any warrants, nor convert any Bonds, and nor shall Lynas be required to issue any shares in Lynas upon either exercise or conversion (as applicable) of the warrants or Bonds, to the extent that it would result in a breach of section 606 of the Corporations Act. At the request of Majority Bondholders, the Company shall from time to time as soon as practicable call a general meeting of shareholders to seek approval for issuance to the Bondholders of the Shares issuable upon exercise of the Warrants and/or conversion of the Bonds, and prepare a circular for shareholder approval of such issuance.

Granted, it would have been better if the conversion rate was not at 10c and perhaps at 30c, since the warrants were given at such a low price as a benefit for their willingness to amend.