Anticyclical, the link I provided say NMDC as 50% shareholders still effectively has no say/control over LCY. HAW can continue contribute its 40% obligation on exploration/feasibility study of the Mt Bevan in the near future. We also have to keep in mind how the operator (LCY) spend money as in the article, they over spent. We can't pay 40% to overspent/unclear spend/audit like that. NMDC spots it right the problem within LCY and we as JV of Mt Bevan needs to learn.
firb approval received., page-17
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