LCY 9.09% 1.0¢ legacy iron ore limited

NMDC charts mega growth plans to produce 100 million tonne of iron ore, page-14

  1. 813 Posts.
    eHi Piper

    exactly linc

    now i think would be a great time to strike with an acquisition

    nmdc arent fools and know how to make iron ore and process it etc

    sure it will be different in an aussie market - but they would be able to make it work if they tried. just matter of getting them to god damn do it.

    hassle the cr@p out of them at the AGM.

    they could be offerring 50mll now for a decent stake in either of the above companies. who knows how much a buyout of either one would be - but at current rate 100mill ?? for securing port space, an actual ore body and then some infrastructure that would help bevan in 5-10 years when it is rolling. it makes sense.

    DW
 
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