LCY 0.00% 1.3¢ legacy iron ore limited

comparing mt bevan to other magnetite plays, page-14

  1. 14,640 Posts.
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    Cheers Suga yes I do understand the potential size of our FE play all I am saying is the valuation can only be done on what the Co Geo has signed off on. So our target resource is now 1.5-2 billion tonnes and down the track this could be alot higher but I suspect the valuation will be done on the current JORC and the current estimated Target resource. The potential of a straight up DSO with shallow depths and excellent grades will definitely work in our favour imho.

    Cheers Advisor.

    Given gold is now approaching $1600 per oz (with many analysts predicting $2000 by years end)it would be nice if the Co would give as an update on what they plan to do with Mt Celia.
 
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