market down lcy down. however if this deal is so good lcy should be up or at least level. we are being played as well. big volume yesterday for what? someone buying and selling to themselves. hhmmm who could it be. people are selling based on these games and also the fact that there is NO DETAIL in the MOU. nothing. the market understands there is potentially 88 days for this to get sorted. yes lcy will endeavour to shorten the due dilligence and will now "rapidly" progress mt bevan (which haw still owns 100% of fyi). how do you rapidly progress a project. will sharon be at mt bevan site cracking a whip saying drill faster drill faster? i thought all along mt bevan was their focus. so guess what. now it still is their focus. not 1c will be coming from nmdc till the potentially 88 days is past. even then it will likely be drip fed out to projects nmdc is interested in. this might not even include mt bevan as lcy might want to spend their 3.5mill and keep that cake for themselves. imo lcy only made the announcement purely because nmdc forced their hand. long way to go here. ifs/buts/maybes. thats why the market hasn't jumped on this. patience will pay off though imo.
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