LYC 1.48% $5.98 lynas rare earths limited

where are we now

  1. 1,275 Posts.
    lightbulb Created with Sketch. 105
    so just to encaptulate regarding the debts payable excluding the interest payments.

    Mt Kellet signed in Febuary 2012, for 225 million with a conversion price of $1.25 at a maxiumum conversion date....wait for it mid 2016.

    Sojitz deal in the process of being renegotiated to be paid in one lump sum mid 2016.

    so we now have no capital payable debt due for 2 years?
    only need to pay interest?

    we have sufficient cash headroom soon to be confirmed and we are at 13c??

    absolutely amazing I could never have dreamed it would get this low. Sentiment - waiting for funds to clear to buy more
 
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