It was security to pay for site remediation in case the company went bust which could be considered a decommissioning bond.
https://www.lynascorp.com/Shared Do...012/Final_Pre-op_Licence_02022012_1073866.pdf
I initially thought the bond would be paid back once condisoil was approved but seeing it is actually for decommissioning and site remediation I doubt it.
Today's chart & trading, page-411
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$6.06 |
Change
0.140(2.36%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $6.02 | $6.12 | $5.97 | $11.52M | 1.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12791 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 13019 | 2 |
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| LYC (ASX) Chart |