LEG 0.00% 1.3¢ legend mining limited

friday little leg rally, page-9

  1. 15,276 Posts.
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    re: a brief history for those interested... tastarga...

    I love to "push the envelope"...LOL...life would be boring otherwise.

    You are right of course...I am making plenty of assumptions, including; a near doubling of throughput and corresponding increase in production; increased head grade; reduction in operating costs at the mine face; reduced strip ratios due to more appropriate targeting and engineering, planning, etc, etc, etc...

    Yes, the MD is still the same, but not unlike what happend at NDO when Whitby was introduced to "help" Morgan...I see Creasy's introduction as more than just a passing interest.

    Creasy comes with a rather unique following, which tends to result in companies he is involved in, more likely to be over-valued than under-valued.

    I would like to see OPEX in the $300 range, but as you say, we really have no way of knowing what it might be until we see a BFS, or when production commences.

    Part of the problem last time was LEG's debt position, which should be less of a problem this time.

    Cheers!
 
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