LCY legacy iron ore limited

is 50c possible over the next month, page-2

  1. 238 Posts.
    Today's mkt cap is $48mill. It is worth trawling through previous posts of the last couple of weeks to see the methods used for estimating a valuation.


    Then there is this report by Poactive Investor which puts a price of 45c on the stock, but really you need to read the posts.

    Q. short term (next 3-4 weeks, or longer term view ?
    Short term you might be looking at 40c to 50c, but longer term, much, much more than that. It comes down to the proving of the JORC resource; for Mt Bevan currently at about 600 mill tonnes, but estimated to be 1.5 billion tonnes. LCY has other projects.


    Proactive Investor
    http://www.proactiveinvestors.com.au/companies/news/18431/legacy-iron-ore-undervalued-play-not-lost-on-indian-and-chinese-iron-ore-steel-groups-18431.html
 
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(20min delay)
Last
1.0¢
Change
0.002(25.0%)
Mkt cap ! $97.62M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $7.519K 763.9K

Buyers (Bids)

No. Vol. Price($)
2 103213 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1826966 5
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Last trade - 14.53pm 16/07/2025 (20 minute delay) ?
LCY (ASX) Chart
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