In The Australian this morning, talking about MAK jv with UCL:
In the meantime, Wonarah, which needs circa $2 billion to be developed, fell victim to the same "done by Christmas" syndrome.
Management wanted to seal a pre-yuletide JV deal with NMDC, India's biggest mining company. The Indians let an exclusive negotiating period lapse but due diligence continues.
"It's still a deal that should be a marriage made in heaven," Drummond says (of MAK).
"They need the phosphate and we need the money and we will meet in the middle."
http://www.theaustralian.com.au/business/opinion/suitor-could-be-the-making-of-ucl/story-e6frg9lo-1226270189588
Sounds good to me.
- Forums
- ASX - By Stock
- LCY
- mak jv - media release
mak jv - media release, page-15
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCY (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LCY (ASX) Chart |
Day chart unavailable