Lcy like doing Ann's on Friday's as per Ceo stated "in the next few days we will realease details as they become available, as the NMDC chief has now left Aust, iam sure we are to recieve news via Lcy today.
would not at all be suprised if T/O in on, at 4c plus 5% royalality, for Mt Bevan only.
But as Haw have stated they are going to spin off company, this will not take place until after the AGM, in mid-late March, so if the offer comes in now it has to be for Mt Bevan only, not for all of Haw, this can be done.
PS Cut off rates why have they changed from 1 to 2 round of drilling, 15% or 25%, surult both should be measured the same ?????
cheers & hang on for the ride.
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