NMDC 50% controlled LCY has tenements in the Pilbara which is east of FRS's (now AGO) tenements.
Expansion in the Pilbara for LCY could come our way.
http://www.proactiveinvestors.com.au/companies/news/20859/legacy-iron-ore-closes-placement-to-nmdc-plans-for-asset-spin-off-20859.html