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nmdc 50% stake in minemakers ltd, page-10

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    Article today online AFR says MAK announcement will be released today. MOU with NMDC to be signed off as a formal joint venture by October. Deal involves reimbursement to MAK of all Wonarah costs so far, and assist in arranging debt for project, which is expected to be 80% of expected costs of $1.5 to $2 billion
 
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