Remember the original term sheet that was thrown out indicated that the Mt Bev JV would be spun off into a new entity and holders would be compensated by an in speccie distribution.
I personally would prefer Lcy to maintain control of this asset within the current Co structure, which would mean taking a much larger percentage than 60 % of Haw.
The Yilgarn is a whole new province opening up with potential too big for me to understand. Would be nice for Lcy to be the torch bearer....
LCY Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held