Bigstock Time to slow it up a bit mate Many of us hold/trade...

Bigstock

Time to slow it up a bit mate

Many of us hold/trade both HAW and LCY. Both offer different opportunities/leverage into the Mt Bevan project .

You seem to forget that HAW and LCY are JV partners in a project that has a written valuation of around 180 mil of which HAW owns around 70 mil ( From the NMDC report ). This project has significant upside, and the detail of the current deal will give an indication of how that will/may be achieved

You seem to think that NMDC will drill 60% of a hole and transport it with 60% of a truck

There is more to this deal. Speculating is fine, but downing a business partner and defaming its management does nobody any good

NMDC has bought 50% of LCY at effectively 8c a share. The excitement is in the long term growth that such a deal will do for Shareholders, not a doubling of the SP overnight. Its only the beginning of a long journey which will be very interesting to be a part of

Whether HAW gets bought out or goes for the ride who knows. But dont keep bagging the company, management and Shareholders, its getting very old