Ann: Legacy Joint Venture to Develop Mt Bevan Iro, page-71

re: Ann: Legacy Joint Venture to Develop Mt B... Spec you raise some valid points but one thing you and others haven't realised is that LCY'S first priority was their AU plays and they only recently switched to concentrate on their FE plays when they realised the sixe and potential of their FE plays given the sudden jump in FE spot prices late last year.

Finally they have arranged a timeline and schedule for their FE drilling on Hammersely and RR and look like securing a very (although on paper looks pretty expensive given their cash reserves) good sized resource in Mt Bevan and they get bagged. Still not sold on a imminent CR like many on here profess but I could be wrong.

I am patient and believe the patient will be rewarded on the LCY story because I just get the feeling these guys may have a few aces up their sleeves.