LCY 0.00% 1.3¢ legacy iron ore limited

what's your guess on nmdc deal, page-4

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    My guess is $40-$50m offer for 50% stake, this equates to about 10c cash per share after deal. The new LCY share should value at 10c cash + 5c asset + premium having NMDC back and risk reduction. If this is the case, LCY share should trade around 20c/share.
 
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