Ocka,
Your thoughts regarding the sale of Bevan may not be so far fetched.
If NMDC is talking about a 50/50 JV with Rio again to explore assets in both AUs and India it may mean that their attempt to go it alone is not what they expected.
They've made alot of promises but not delivered anything.
So what we now have is an LCY/HAW JV, a great asset and $20m between them.
Rather than wondering whether HAW can keep up,, maybe we need to worry about whether the JV can actually deliver on a touted aggressive development plan.
Why hasn't NMDC actually put itsmoney where its mouth is? Why is NMDC coming to Rio and touting it as a JV opportunity to get acces to AUS assets? Isn't that what the LCY acquisition was for?
Why does the iPad have such a poor keyboard??
I know its a left field thought, but are we watching a couple of juniors being the target of a futre acquisition?
Who knows? But l personally have little faith in the prospect of a bag full of Indian money just around the corner.
What do other HAW holders (not the LCY cheer squad) think?
Cheers
Mo
Ocka,Your thoughts regarding the sale of Bevan may not be so far...
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