Angin, At the moment they are looking at buying into a number of...

Angin, At the moment they are looking at buying into a number of deals thru there Aust arm which is LCY. Currently they are in discussion with CLR, MAK and AGO , but it seems coal is one of the first purchases they want and they want more then one. Some of the deals are for 50 per cent of the asset and others are for 100 per cent. They are not interested in takeover of companies and only want to purchase individual asset.

From memory i think it was 100 percent they wanted and not 50 percent as i mentioned in previous thread sorry. I would have to check that again, as it was about a month ago.
Have a feeling they were talking about 150 -200 million for the asset as quoted by chairman of NMDC in the Indian Media for CLR