Problem you have here @ocka is, even if prices go up LCY has a history of not delivering and NMDC has not backed up the endless promises made in the past, which leads to people not wanting to invest no matter what iron ore prices are. It's just a lease with no way forward in the current situation.
Also, at some stage another capital raising will have to be done which leads to further dilution and NMDC percentage increasing.
Any reason why you or @TONY D have not looked at initiating legal action as holders?
LCY Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
