re: let the games begin!!, page-8

re: let the games begin!! I'm just going to put this out there.

NMDC paid 19m for 50% of LCY (which the only project has been discussed by nmdc is mt Bevan) who effectly owns 60% of the site.

Basically giving NMDC 30% of mt Bevan. Also I won't forget a vechicle for other purchases in Australia.

So HAW still owns 40% of mt Bevan and by the above logic that makes it worth at least more than 19m to buy out the site.

But LCY never had to give up the whole site, they (the shareholders) retain some of the assets, so how much should it cost to completely buy Mt Bevan?