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