where to now?, page-13

This ISSUE may be worth to discuss SOON.
I mean if the LCY is officially declares the failures with GOLD and NMDC.

HYPOTETICALLY

Of course HAW would not mind to spend some money to increase the MT Bevan value (NOT because they want to progress to the next phase of production, they just want to increase their selling price).

Of course LCY would not want to push it because they may have a partner with no intention. All they are doing is increasing their buy price.

SO Freezing all Mt Bevan development activities until the settlement is reached might have been a good idea in the last 12 months. It would make sense.

What if though, if NMDC is acting SHY to help in Mt Bevan and leaving LCY in a position to develop Mt Bevan on its own. I mean no money no interest from NMDC.

What would LCY do?

1) I reckon we will start the Phases where we stopped
2) Start working with HAW and try to increase the Mt Bevan value
3) Try to make a JV from all available which will take the MT Bevan development a step ahead
4) Make all they can to increase share holders wealth

What I am saying is:

Mt Bevan with 3 billion ton reserves is better then
Mt Bevan with 1.6 billion ton reserves under the circumstances.

Well as you guys say there is quite a bit behind we do not know. Stay firm and gentle until another 2 weeks or so

IMO