I'm expecting $0.30 for my LCYOB & $0.18 for LCYO
... LCY at $0.40
I don't know why we should expect less. There are just so many positives for this company & it's tenements.
A growing Asian region will continue to be very hungry for iron ore, ..... and don't forget coal required for steel making & power generation.
LCY would have to be one of the best opportunities in the market right now. Could have bought AGO for 40c during the GFC debacle, look at it now ... $4.08.
Look at FRS, IOH, & a heap of other iron ore stocks.
LCY is a standout proposition, ... an absolute bargain under 30c & even 40c will prove to be cheap.
LCY (with the assistance of NMDC or other partner)will be a producer of iron ore, not just a prospector. it will have trainloads of iron ore off to Port Esperance & truckloads of cash.
Has been worth the wait & will continue to deliver over the years.
It is still going to be tempting to sell some LCY at 40c.
Good luck to all.
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