manny1970 it is not 100% that they will opt for share issue for the 30% , as on page 4 they have 2 options
it is envisaged the 30% equity component of such project finance could include
1/ a rights issue for all shareholders to participate in, including NMDC.
2/ In addition, loan facilities can be
arranged by the newly enlarged Legacy/NMDC entity
time will tell which way they go , but Haw will have to cough up their share or reduce their 40% of mt bevan or sell it to LCY , that the way i see it
announcement out , page-96
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