LCY 10.0% 1.1¢ legacy iron ore limited

Ann: Entitlement offer to fund growth, page-29

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  1. 2,012 Posts.
    Options expire December 2014, so few months left,but they need something major to see them in the money.

    15_20 million is way to much for the remaining 40 percent of Bevan., in this market.

    I would suggest 5 million would be the most they will pay. Nmdc, will let it sit there on the backburner, rather then pay 15 million. Imo
 
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