LYC 2.89% $5.69 lynas rare earths limited

Nobody sane would drop negociations (with Nomura) unless they...

  1. 814 Posts.
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    Nobody sane would drop negociations (with Nomura) unless they have al alternative to restructure its debt.

    If you look beyond, today´s annoucement "other investment opportunities", (3) and Northern Minerals reaction (+18%); I see a potencial agreement Lynas - NTU to increase value of Lynas basket linked to renegociation of its debt with Sojitz / Jogmec.

    And possibly in order to keep happy MtK bats, a extention of a new facility combined with a capital increase (of Mt K + Sojitz Jogmec) to reduce their strike and average as well the purchase price of shares of Japanese consortium from 2.15$.

    Of course, additionally Japan debt will be restructured in itself which is the most important point.

    All in all, I think is going to be one of the most important announcements Lynas is going to release in last 3 years. Therefore, I think is going to be positive for all parties, specially to erase market uncertainty.

    All boxes will be ticket except Chinese ilegal mining which could last 1.5 years more to be controled so that REE´s prices can react in a sustainable way.

    If it is so, Lynas should reach 0.30$ by end of September without much difficulty. By end of the year 0.45$ if not before.

    Patience. NC owes a lot to shareholders at this stage; and he´s a sharp negociator despite all losses. Last credibility opportunity I give to him.
 
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