Digby, I tend to completely agree with all your comments except for the one where you seem to think your HAW shares will end up as LCY shares. I, along with most of the old LCY faithfuls here, will be the first to disagree, in that we don't believe Shazza will be willing to share her hard earned winnings-to-be with any HAW shareholder. Correct if I'm wrong.
By that I mean outside of the Mount Bevan upside. I seriously can't see LCY ever issuing any shares to HAW, after all the fuss they made about us having no ownership of the project right in the midst of our negotiations with NMDC and how HAW still owns 100% of it, etc... (very poor form on the part of HAW's management)
Just take a look at the spoils LCY could end up with, for so graciously compromising on the entry price for NMDC?! Maybe she was at dinner with DGH's BHP or RIO friend, who said that we should really be giving half our company to a player as big as NMDC!? I reckon all these bonus gifts were all part of her grand plan... Who knows? DGH?
Anything could happen, with respect to the Mount Bevan JV, but one thing's for sure, we all know who really is in the driving seat now, with or without any ownership! Time is on our side so we should end up with another win here. Very wise to have only dabbled $5k in HAW Digby!
LCY Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
