The thing I don't understand is if it wasn't for LCY HAW would have never got Mt Bevan off the ground in the first place. After the valuation of MT Bevan holders of HAW have now realised what a cheap JV LCY scored.
As for ownership of the lease that doesn't concern me one bit because as long as we keep doing our bit we stand to earn our 60% share. If the rumours are true and HAW have kicked up a fuss then if I were LCY I would bleed her dry for being greedy as I am sure if HAW management followed the bouncing ball they would have well and truely been looked after as would HAW holders.
I think Mt Bevan will be one of many good projects LCY will have earmarked with NMDC backing off course and the one that has come under the microscope that excites me is the possible JV with MAK.
another article, page-22
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1.7¢ |
Change
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Mkt cap ! $131.1M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $19.37K | 1.135M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1168876 | 1.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1546778 | 4 |
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