LYNAS - Faktenthread, Analysen, Querverweise u. Meldungen zum Unternehmen (Seite 350)

[BlackRifleHunter]

kann da mal einer in ein vernünftiges Deutsch übersetzen ?

[RMINCONSULT]

Lynas wraps up rare earths funding
--------------------------------------------------------------------------------
Tuesday, 7 August 2007
Colin Jacoby

LYNAS has completed its $A300 million debt and equity funding package for its rare earths project after announcing a $60 million placement at $1.15 per share.

Lynas executive chairman Nicholas Curtis said the package would fund the capital and all project costs to develop the mine at Mt Weld in Western Australia, the processing plant in Malaysia, contingencies, working capital requirements and corporate costs.

The share placement was oversubscribed and received strong demand from domestic and international investors.

The placement was lead managed by Austock Corporate Finance with Patersons Securities appointed co-broker.

Settlement and allotment of all shares under the placement will take place on August 10.

Once the placement has been completed, Lynas will have 560 million ordinary shares on issue.

The company also announced the final amount to be drawn down from the Indus Capital Partners convertible note facility of $80 million, leaving a $35 million standby facility as a contingency for the project.

The funding package for the rare earths project comprises the share placement, the convertible note facility, a $US105 million bank debt facility underwritten by Bayerische Hypo- und Vereinsbank AG, and a cash balance of $A60 million.

Last month, Lynas signed a $US200 million five-year contract with a significant customer for the supply of Mt Weld rare earths, to be produced from the company's Malaysian processing plant.

Shares in Lynas gained 7c to $1.32 in morning trade.

[RMINCONSULT]

Eine allgemeine Information - besonders der letzte Satz zu China ist für Explorer außerhalb Chinas von Interesse.


Industrial minerals, July 2007, S. 10

Lynas begins Mt Weld rare earths

SYDNEY BASED LYNAS Corp. Ltd. Has commenced rare earth mining at its Mount Weld deposit in Western Australia. The news of a $90m (£ 45m.) rare earth oxides (REO) sales contract also was announced and hailed as “a new benchmark in the RE industry”.
The first sales contract was secured on 30 May 2007 with Lynas revealing that other supply contracts were progressing well to the LOI stage. Lynas also said that a new processing plant in Malaysia is under construction with completion expected in the second half of 2008.
It was just over a year ago when Lynas announced an agreement with Rhodia Electronics and Catalysis, one of the world´s largest producers of refined RE materials (see IM March ´06, p.6).
Lynas has estimated the central lanthanide deposit of the Mount Weld resource as 7.7m. tonnes with 11.9% REO, predicted to produce 917,000tones of REO. The operation will begin with an initial production of 10,500 tpa.
It has been a relatively smooth process for Lynas who completed its full feasibility study in 2005. Peter Charlton of First Charlton Communications on behalf of Lynas said: “Mount Weld will be the only significant resource in the world outside of China, the country which currently dominates the supply of these increasingly important elements.”
Charlton stressed that the RE market is growing at a rate of over 15% per annum driven in the main by the increase use of catalysis in automotive sector and oil refining, florescent light bulbs, phosphors in TV´s, and permanent magnets in computer hard drives.
The market currently stands over 100,000 tpa and Lynas´significant investment at Mount Weld should secure a significant share once fully operational.

China increases RE tax
China was to increase export taxes on a number of rare earths by 15% from 1 June 2007 in a bid to protect resources from exhausting prematurely.
In 2005, China cancelled a tax rebate and collected a 10% export tariff on rare earth oxides in 2006 (see IM December ´06, p.6). It is predicted that rare earth resources in east China´s Ganzhou city, Jiangxi province will be exhausted within 20 years.

[pal63]

hier macht man sich auch gedanken ...
http://www.aussiestockforums.com/forums/showthread.php?t=476…

[CaptainBizeps]

Also nochmal für alle.
Trading Halt gibt es wenn was Kursbewegendes ANSTEHT und nicht wenn gerade was released wurde.
Die 200M Sache ist VOR dem Trading Halt gekommen, hat also nix damit zu tun.
Das sieht man auch daran das es üblich ist den Handel nach dem Release der News wieder zu starten.
Handeln die drüben? Nee tun sie nicht, also kommt da noch was.

[aurelius88]

Bin such der Meinung dass der 200 Mio US$ Vertrag nicht der Auslöser von den Trading Halt ist. Da kommt sicher noch was. Nur was???
Bin aber auch positiv gestimmt. Alle Spekulationen über den Grund sind im Moment völlig sinnlos. Mal sehen was da am 6. auf uns zukommt.

Gruß,
AU

[opiping]

Hallo @all
wegen des Kontraktes über 200 Mio US$ läuft kein Trading-Halt.
Das ist schon gegessen.
Es kommt eine neue kursrelevante Nachricht.
mfg opi

[pisa]

Antwort auf Beitrag Nr.: 30.983.694 von JoJo49 am 02.08.07 13:45:59

JoJo,
schau mal in den ARU thread dazu.

Was da steht:
1. Es wurde ein Minimalpreis vereinbar - gut
2. Es wurde kein Maximalpreis vereinbart - gut
3. Die aktuellen Marktpreise fliessen in den Preis mit ein -gut

Was da nicht steht (aber immens wichtig um es abschliessend beurteilen zu können):
1. Wie hoch ist der Minimalpreis?
2. Mit welcher Gewichtung fliessen die Marktpreise ein?


Enjoy,
Pisa

[CaptainBizeps]

Antwort auf Beitrag Nr.: 30.983.694 von JoJo49 am 02.08.07 13:45:59

Das war aber schon vor dem Trading Halt da.
Da muss nochwas kommen.

[JoJo49]

Der Kurs wurde Heute ausgesetzt...
Warum?
LYNAS hat eine weiteren Liefervertrag über fünf Jahre mit einem Wert von über USS200 Mill. abgeschlossen.
Basierent auf den jeweiligen Tagespreisen ab Lieferung.

http://www.asx.com.au/asx/research/CompanyInfoSearchResults.…
http://stocknessmonster.com/
http://stocknessmonster.com/news-history?S=LYC&E=ASX
http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=371452
http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=371623

Lynas signs US$200m Rare Earths supply contract


Lynas Corporation Limited has signed its second supply contract with a significant Rare Earths customer for the supply of Mt Weld Rare Earths to be produced from the company’s Malaysian processing plant.
The contract is a long-term five-year contract with a value in excess of US$200mover five years, based on current prices.

The contracted sales cover neodymium and praseodymium, which are key elements for the Rare Earths magnet industry. The pricing structure of the contract is related to the market price, however it includes a minimum floor price, without a maximum ceiling price, for the product sales over the term of the contract.

Lynas’ Executive Chairman, Nicholas Curtis said he believes the signing of the contract to be a key milestone for the company and the Rare Earths project.

“The Rare Earths magnet market is growing very strongly at fifteen percent per annum, which is forecast to continue for the next five years,” Mr Curtis said. “This is an important market for the company and it gives certainty to the company’s cash flows.”

“The Board is delighted the company has signed a long-term supply agreement in this market,” Mr Curtis said.

Lynas Corporation is actively engaged with additional potential customers throughout Europe, Japan and the USA.

- 02 Aug 2007

Mt Weld deposit


http://www.minebox.com/story.asp?articleId=9845

Bin mal gespannt wie sich ab dem 06.08. der Kurs daraufhin entwickelt.
Ich gehe trotz Sommerloch davon aus, das es keine negative Reacktion geben wird.

Gruß JoJo