Current valuation without MT Bevan suggest LCY worth around 8c...

Current valuation without MT Bevan suggest LCY worth around 8c per share.

NMDC willing to pay top $ before LCY legally acquire bal of 60% of MT Bevan. (60% MT Bevan valuation $104m)

LCY now have approx 19m to develop assets.

LCY will then spin off MT Bevan to a new ASX listed company as per today's proactive report. (shareholders in LCY will be issued script in new spin off....major value to be realized)

NMDC will be issued options as per current LCY option structure. (can see a big positive by asking the question will NMDC allow LCYO or any other acquired option to expire worthless....imo the answer will be no and even the LCYO risky dated options will return significant upside now that NMDC are on board)

A relationship with NMDC brings to LCY, a major
shareholder with World class credibility in developing large scale Iron Ore projects

NMDC major cornerstone investor behind LCY assures current shareholder value will continue to increase.

With 4 billion available from NMDC what can't LCY now do!

Excellent deal with NMDC watch today's high of 15c get broken as this news filters through the investment community. We could now easily anticipate LCY reaching a market cap of $100m short term.