Today Exxaro bid $0.46 - ($123 mill) for iron ore miner Territory Resources (TTY). TTY have recommended that the bid be accepted. - a 64% increase. TTY are a small N.T. miner.
Just goes to underline the worth of LCY. We potentially have a VERY MUCH bigger operation with LCY.
At Mt Bevan the potential is being realised right now, in the Pilbara a JV with NMDC will turn that into a very big reality.
TTY for $123 mill, .... how much for LCY ?
Today Exxaro bid $0.46 - ($123 mill) for iron ore miner...
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Mkt cap ! $100.2M | |||
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