>> "I believe once Mt Bevan is in production the value of HAW and HAW 40% will be much much more than what it is today. LCY gave commitment for this to happen before Dec 2012, so its not that far away."
My understanding is that LCY need to spend $3.5m in *exploration* before end 2012 to obtain their 60%. This is avery different thing from having the resource in production!
think about this, page-2
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