LCG living cities development group limited
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  1. micky78
    2,921 Posts.
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    02/05/13
    10:48
    Post #: 11713078
    FWL is a $14m company with not much cash left. MPI going no where and new high cost project depending on how much cash raised.

    ROY is a $12m with $4m cash, 2Bt of Fe and has transport and port. Low cash cost $60/t.

    My point is investors do not believe in Fe projects anymore... I already spoke end of boom about a few years ago. Only low-cost producers will survive, explorers already missed the boat. IMHO.
    LCG Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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