LCY to bye out HAW is all specualtion but if it does go ahead i think people quoting 10mil are kidding themselves.
Bigstock, LCY were not going to bye 60% for $5mil. They already had rights to the 60%. The $5mil was a premium (for the control of the the resource I believe) They were to bye $5mil worth of HAW at 1.5cents per share under the last draft agreement. I still believe that the renegotiation is a result of the better than expected metalurgical properties. A positive for everyone with an interest in Mt Bevan. Lets be sensible.
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