LCY 0.00% 1.0¢ legacy iron ore limited

nmdc to submit binding bid for australian co , page-22

  1. 14,956 Posts.
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    For some to say given the market conditions we should accept 40mill I say look at the offer SDL got from Hanlong in July (SP at 30c and were offered 50c to which management said no to)so why would we accept a low ball offer (if the article is true which I have my suspicions) given we know how big Mt Bevan alone proposes to be.

    Director on NMDC was tight lipped on offer,yet article is quoting un named Industry sources that the offer is "likely" to be around 40 mill. Bollywood at it's best imo.
 
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