Ocka you really need to check your facts before you go making statements.
The 200 million line of credit that LCY is getting is not for development of Mt Bevan or any other project.
The following is from an email sent to a LCY shareholder by the LCY office earlier this year;
"As mentioned in the Legacy Announcement in January 2012, the $200m line of credit is for acquisition and expansion purposes. It isn’t intended to be used for exploration activities. Legacy will advise on this matter once it finalises the acceptable terms from the various submissions."
I suggest you do a little more research before you cast aspersions of doubt over LCY financial structure & capabilities on the HAW threads in the future.
Cheers
Digby :-)))
not sure with lcy ann, page-29
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