LCY 0.00% 1.1¢ legacy iron ore limited

Cam, so far nmdc has invested 20 mill. Nmdc showed they cannot...

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  1. 623 Posts.
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    Cam, so far nmdc has invested 20 mill. Nmdc showed they cannot be fooled by dirty dealings, they are keeping watch in perth office. As soon as shaz resigned, nmdc got a new ceo. I guess getting a new ceo is atleast 6 months process? So they knew what was happening and they know what needs to happen, they know what they need, Nmdc basically did not had confidence in the previous mgmt due to mis management of funds. Would you give 200 million dollars to whom you have lost faith ?

    new ceo - have a look at his linkedin profile. He is not a koala type . Dev has been really active in all roles, achieving something or the other. Most of his roles are small duration - but see so many things he has achieved in all his roles.

    india pm visiting australia on 17th nov - watch out...

    india wants iron ore and other types if raw materials such as potash, coal etc etc...& australia has lots.

    To purchase assets nmdc will need investors. Talking to my friend - nmdc stock price in bse may go to higher levels. If you study All these pointers - its anyones guess.

    how much, how and when it will translate in lcy share value that time will tell$$$$

    i can only see positives nmdc appointing ceo. I am sure there is some plan that should add wealth. I atleast hope for good !!
 
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