Euroz does say it is a 'speculative buy'. Saying all exploration mining companies are speculative investments is stating the obvious. But within this group, LEG has a few things going for it. 1) Fraser range and adjacent discoveries 2) Creasy interest 3) Mawson discovery albeit not commercial yet 4) well-funded and no debt 5) IGO's stake and their NOVA close by improves the chances of speedy commercialization in the event of further discoveries 6) stable top 20 shareholders 7) MW has a sizeable stake hence approaches the project with diligence.
It is true that at times MW's communication has been clumsy and confusing. In his defense though if you are a long-term investor in LEG, one had the opportunity to cash-in when the SP hit 20c couple of years ago. as far as I am concerned, I believe the tenement is highly prospective hence I am holding on to the investment. with fingers crossed.
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Mkt cap ! $37.82M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1.4¢ | 1239739 | 4 |
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No. | Vol. | Price($) |
---|---|---|
1 | 223787 | 0.013 |
2 | 145000 | 0.012 |
4 | 1563339 | 0.011 |
8 | 884503 | 0.010 |
4 | 3236111 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 1239739 | 4 |
0.015 | 2000000 | 1 |
0.016 | 1156075 | 6 |
0.017 | 1300000 | 2 |
0.018 | 110000 | 1 |
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