LCY legacy iron ore limited

ann out, page-24

  1. 1,538 Posts.
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    As a holder of both LCY & HAW I have written the following over on HAW thread in relation to wether LCY have really done enough to officially earn the 60%.



    "I don't ever recall any announcement from either company stating that pre feasability status "must be completed" by LCY to earn 60%.

    Maybe it is meant to mean that when 3.5 million is spent it will be at a stage that pre feasability is next.

    So now that LCY has spent the 3.5 million on stage 3 drilling it is at a point where pre feasability can begin.

    Just my thoughts & if anyone can show where it is stated that pre feasability "must be completed" by LCY then I am interested to see it."



    Has anyone over here on LCY threads ever seen anything where it say's pre feasability must be COMPLETED by LCY to earn 60%?

    Cheers
    Digby

 
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