for what it is worth just saw an article that last year march 2010 NMDC was putting a group together to buy 70% of a mine from Altas (AGO) in which nmdc would fork out $70 mil for 10% slice of it the mine was called Ridley mine with a probable reserve of 970m/t magnetite 36% , pre-feasabilty study was done june 2009 at 15m/t for 35 years , how does LCY MR Bevan compare with this mine or doesnt it ?? any comments
LCY Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held