Thanks for posting gfu.
It seems Proactive Investors have not bought into the conjecture that LCY will be the JV vehicle for Wonarah. They have maintained the distinction between NMDC buying half of LCY and NMDC buying half of the Wonarah project.
But on the other hand, the sources in India saying that NMDC want a 50% stake in MAK is interesting. Possibly not accurate, but hopefully not a new development in the negotiations. That would be a deal breaker I'd say.
mak-nmdc-lcy, page-2
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