LCY 0.00% 1.0¢ legacy iron ore limited

Fastha - Thank you for your opinion - Below is my version, I am...

  1. 623 Posts.
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    Fastha - Thank you for your opinion -
    Below is my version, I am attempting to join dots nothing more and try to come up with my timelines

    1. From nowhere, Mr.Nanda decided to come up with an announcement with a mix of reality,positives and some what negative ( or delayed Mt Bevan project).
    2. Secondly, he believes 2015/16 will be maker for LCY
    3. Thirdly, Mt Bevan will need to be funded by lcy
    4. How can LCY fund it ? I guess NMDC plan to fund/buy producing assets under LCY ?
    5. Recently, Indian Minister visits Rio and Huntley Mines and LCY office

    My timelines for Mt Bevan is around 2019-2022. There is good possibility that NMDC buy out some producing assets and get ball rolling/REMOTE CONTROLLING LCY.
 
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