LCY 0.00% 0.5¢ legacy iron ore limited

coal project article

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    has anybody posted this article from the 9th , if so sorry for repeating
    Nanda told Business Standard that the state-owned miner was currently holding discussions with Carabella Resources of Australia for acquisition of the latter’s 50-million-tonne coking coal project. The cost of the acquisition was estimated to be in the range of $ 150-200 million.
    “We have signed a non-disclosure agreement in this regard,” Nanda said, adding that due diligence of the property would be completed by this month-end.

    http://www.business-standard.com/india/news/nmdc-to-acquire-two-coal-one-iron-ore-mine-abroad/463791/

    so we should have some news by the end of the month , interesting is the 150-200mil figure same as the credit card amount
 
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