LCY 0.00% 1.3¢ legacy iron ore limited

mt bevan purchase funding, page-4

  1. 1,538 Posts.
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    Not much interest in the way of replies to my thoughts.

    The reasons i asked about it are;
    1. I haven't ever had anything to do with spin-offs so was wondering how much LCY would expect to raise & also what would they do with the money.
    2. Is that the reason for suddenly dropping an announcement about Koongie Park...they no doubt need numbers to help with spin off, because I can't see much else in the LCY portfolio being strong enough at the moment to help rake in the $$$.
    3. If the money was to come from spin off for Mt Bevan purchase my way of thinking it is still some moths off until the New Co is floated & the $$$ come in so in reality are LCY really not very close to settling Mt Bevan?

 
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