not that I fully agree with Sydney6791 because I am in the dark
i asked a question about LSI on the other thread and received no reply
i fired off the following email to ORD yesterday
what happened to LSI?
what is the extent of the LSI interest here?
----- Original Message ----- From: ddzx To: [email protected] Cc: [email protected] Sent: Sunday, May 08, 2011 8:49 AM Subject: Alumina Project
Dear ORD
I am a private investor
I wish to clarify ORD's ownership interest in the Alumina Project
Your announcements last year mentioned a JV between SARCO (49% ORD) and Lao Service Incorporation Ltd (LSI)
My previous impression was ORD shareholders would hold 25% of the Alumina Project when complete
Therefore, could you please kindly clarify, when the Alumina Project is complete, what will be the ownership interest attributable to ORD shareholders?
Thank you
DX
phone:
VAN Price at posting:
8.1¢ Sentiment: None Disclosure: Not Held