todays trading, page-40

Valid points JW but why would you be discouraged that the MOU with MAK is taking longer than expected...?

For mine investing 3 bill on a massive Project needs to be looked at very carefully because at current RP prices Wonarah is not economical and I would expect LCY/NMDC to do the necessary DD to ensure us holders aren't buying a dud.
It's quite obvious the Indians want to invest in Oz and I am sure 3 bill will buy you quite a few other advanced projects if Wonarah is not a viable one.

For mine Bigstar's summation on the Ridley Project is on the money and looks better short term than Wonarah with a similar cost,as does this possible JV with CLR. The alternatives for us holders are certainly there so to me the longer the Indians take the better.