Hi Regs, personally I believe if the deal is done it will be thru LCY as per yesterdays LCY ann and if so, the deal will be similar to what LCY has done to HAW.
Given LCY/NMDC track record I would expect an offer of alot less than 20 mill for control of MAK because the Indians would see Wonarah on a scale and size similar to Mt Bevan but alot dearer to get to production so why would they pay more...imo Either way not too long to wait now.
lcy may not be part of the family, page-13
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