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joe,"Seals do you now think NMDC will not do a deal with MAK...

  1. 3,122 Posts.
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    joe,
    "Seals do you now think NMDC will not do a deal with MAK unless all Sandpiper is in MAK,s control?"..............

    The NMDC joint venture proposal with MAK is "ONLY" for Wonarah....at present, unless they change tack!!!

    However the way the share price is heading and the amount Drummond has stated that MAK would only accept for 50% of Wonarah you would not rule out the possibility of NMDC buying MAK out, unless this would need government foreign investment approval?
    cheers,
    dapper
 
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