LCY 0.00% 1.3¢ legacy iron ore limited

wonarah vs ridley vs mt bevan vs coal..?, page-36

  1. 117 Posts.
    LCY to bye out HAW is all specualtion but if it does go ahead i think people quoting 10mil are kidding themselves.

    Bigstock, LCY were not going to bye 60% for $5mil. They already had rights to the 60%. The $5mil was a premium (for the control of the the resource I believe) They were to bye $5mil worth of HAW at 1.5cents per share under the last draft agreement. I still believe that the renegotiation is a result of the better than expected metalurgical properties. A positive for everyone with an interest in Mt Bevan. Lets be sensible.
 
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