LCY legacy iron ore limited

DGH44,You mentioned this: Lastly, I still believe that IF a deal...

  1. 5,925 Posts.
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    DGH44,

    You mentioned this: Lastly, I still believe that IF a deal is done between LCY and HAW, there's a good chance that HAW will pull out of the 2nd tranche and the extra dilution by the Chinese."

    In relation to that let me tell you this:

    1) Contracts are to be negotiated in good faith, that is, signed with the aim of being honored; and
    2) that there is a principle at law that states that if a party to a contract is in position to honor it then it must do so.

    So, unless we live in a banana republic or in the contract celebrated between the Chinese and HAW there is a clause allowing HAW to exit from its obligations at will or HAW's shareholders vote no to the CR then there will be no way for HAW to pull out.
 
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(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $78.09M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
13 5824150 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 2129504 7
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Last trade - 16.21pm 14/07/2025 (20 minute delay) ?
LCY (ASX) Chart
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