Agreed Hotrod. People need to look at the bigger picture and at present are so fixated at what price NMDC is paying now. NMDC will get 200 mill shares and pay for eg 30 mill (total guess for arguments sake)but do you think they would be wanting to sell their shares given they have finally got their foot in the door into Australia's resource sector...?
We need to realise we will have a guaranteed client locked in for the life of Mt Bevan.
LCY Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
