NMDC have already announced that they will use LCY as its exclusive Australian vehicle.
This is black and white – no greys.
Put yourself in NMDC’s shoes – in fact this is always what you should be doing – why would they want to have to set up a duplicate structure to oversee the MAK project when they can do it all out of the one company!
They wouldn’t!
Moreover, one of the NMDC articles says they are finalising their two Australian acquisitions this week. Exclusive + finalising projects = all assigned to LCY.
Do yourself a favour and set up “Google Alerts” to receive any articles that come out about NMDCn Minemakers and Legacy.
Also – hold fire – it makes no sense to have an EGM just after the AGM unless they have several things to talk about.
Otherwise, they would have simply sought an extension to the AGM.
To me, the picture is starting to come together more and more based on what I am reading.
Think about the timing. NMDC finalises deals. Then EGM can be issued including details of the 2 acquisitions to be assigned to LCY!
Hey, I could be wrong, but I am basing it on what I have read – not what I have read into…..PP and Meerkat.
Good luck to us all.
PS. Sharon, can you PLEASE extend the "O's".
Pretty please!
It will be in the best interest of the Co and us, the shareholders.
I'm sure that NMDC will back you up on this.
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