AEV 0.00% 0.5¢ avenira limited

legend looking to sell mines, page-2

  1. 1,200 Posts.
    lightbulb Created with Sketch. 5
    Thanks for posting that gfu.

    Interesting price tag if there is any substance to the speculation. Legend have a market cap of $200m, and a much smaller defined resource than MAK.

    Btw, gfu, the reason for the higher mcap is probably because of Legends partnership with Wengfu.

    This all might be a lot of J Gutnick hype, but the sp for Legend was up nearly 10% on 5x average volume on Friday, so there may be something to it.

    I hope MAK management are taking note of the value that Legend may be able to achieve if this is true, while we are currently in negotiations with Chinese investors. Let's not sell this resource too cheaply at a time when we may be on the cusp of an agricultural boom with major players scrambling to control significant assets.
 
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