LCY 0.00% 1.3¢ legacy iron ore limited

thoughts on a friday or monday t/h, page-32

  1. 3,183 Posts.
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    Meerkat,

    the difference between a cr to shareholders/investors and a cr to NMDC is obvious.

    Although lcy might be issuing new shares to NMDC at a slight discount(eg 15 cents) future funding for expansion will be guaranteed for very low comparative cost.

    I hope I have understood your question correctly.
 
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