LCY 0.00% 1.3¢ legacy iron ore limited

Haw in TH, page-14

  1. 596 Posts.
    lightbulb Created with Sketch. 67
    1.1 billion tons of Inferred ore
    $100 p/t minus $50 production costs ? = $50.00 p/t
    Lcy share 30%
    6 Billion shares on issue
    $50 production costs

    1.1b tons x 30% =330 000 000.00 (Lcy share of ore)
    330 000 000.00 x $50 p/t = $16 500 000 000.00
    $16 500 000 000.00 / 6 b shares on issue = $2.75 per share

    Figures are rough but impressive

    Happy to be corrected
    i am sure that there are way more knowledgeable people than me on this forum
    Numbers are very rough so pick away


    Ik
 
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