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0.00% 1.1¢ legend mining limited

50 cent share price valuation, page-3

  1. Brigitte
    111 Posts.
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    02/01/04
    09:58
    Post #: 343738
    Thanks. Assume the 500,000 ou resource is in fact a true resource, ie 100% recoverable, the share price would be 38.5 cents at a $100/ou profit margin.

    At today's gold price of $553/ou and assuming net costs of $300-350/ou, the share price valuation easily exceeds 50 cents.

    The point is that Legend is grossly undervalued!!!
    LEG Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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