LCY legacy iron ore limited

can someone explain this, page-4

  1. 713 Posts.
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    and I don't think NMDC can take up their half (app. $12 million worth) unless the offer is fully subscribed,
    I think when they first came on board the agreement stated that they can only own app. 50% of the company,
    so there contribution may perhaps be way lower than some of us think??
 
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