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timing of jv announcement , page-4

  1. 8horse
    34,339 Posts.
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    03/11/11
    00:28
    Post #: 9232251
    MAK holders will be well paid off as the JV agreement is going to happen soon.

    I saw quite a few posters talking about the acquisition of 50% Wonarah were under LCY, but it is highly unlikely it will happen.

    Because NMDC will own 50% LCY, NMDC wants 50% of Wonarah project.
    If the 50% of Wonarah were put through under LCY, NMDC will effectively own only 25% of Wonarah.
    I do not think that is a good choice for them.
    AEV Price at posting: 35.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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