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"Just a question wouldnt NMDC would have to purcchase 50% of MAK...

  1. regulator
    2,229 Posts.
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    30/05/11
    12:37
    Post #: 8469547
    "Just a question wouldnt NMDC would have to purcchase 50% of MAK not the Wonarah Project unless they spin it off like the Tin and Tungsten, probably the reason for October daadline enough time for the listing of TNT"

    no, wonarah is already held in a subsidiary pty ltd company "minemakers (phosphate) pty lfd" i believe.

    so selling a 50pc interest would not require a seperate ASX listing.
    AEV Price at posting: 46.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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