quarterly activities, page-3

his bit is interesting to the point it is funny....

"Finalisation of the phase 3 program assay results is currently underway and is likely to be announced in the coming week.
While discussions are continuing with joint venture partner Hawthorn Resources Limited ("Hawthorn") about the future ownership of Mt Bevan and the appropriate level of expenditure on Phase 4 drilling should no change in ownership take place, the independent modelling and associated indicated resource upgrade calculations have been deferred."



So LCY are going to release the assays from drilling but not spend the $$$ on Resource Upgrade, obviously they don't want it released until after they have settled the purchase of the rest of Mt Bevan.


To me that is the strongest indicator that they are going to purchase it.