lcy prepares for acquisition action, page-23

How much does everyone expect LCY to offer for 40% of Mt Bevan?

I looked at MDX from seeing on HAW or LCY thread and noticed they are doing a deal for 115m for 70% of their 1.3 billion tonne (JORC) tenement.

People have been throwing around 5cents but doesn't that effectively mean over $100 million for the rest of 600 million tonne JORC?

Also and especially after the 1cent capital raising how many people are really not going to sell out if the offer hits 2 or (praise the heavens) 3 cents?

Also I wonder what the directors and major share holders think, HAW has been down for a long time now and to see a glimmer of 3cents for them, might be a tempting way out.

NMDC pretty much snapped up LCY for a steal (and for all the talk of credit and support to get to mining stage) didn't really inspire anyone to move their share price up.

I've held HAW for a long time and don't get me wrong I'd love to see it fly but after LCY's move withholding the drilling results before the capital raising, I can't see NMDC or LCY doing HAW any favours and with little news on the "other interested parties" can't see them swamping us with bids.

What does everyone else think?