I have just asked this question on the LCY page.
I have a newbie question about LCY and Mt Bevan.
After a bit of research. It seems that HAW owns most of MT Bevan is this correct?
Upon completion LCY will own 60% of mount Bevan if they spend the required amount (about 3.5mil) to the development phase by Dec 2012.
Have LCY spent this money to pre-feasibility?
If they haven?t doesn?t that mean HAW still own 100% of Mt Bevan?
Thanks in advance
research report out-mt bevan re-rating soon, page-39
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