LCY
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0.00% 1.4¢ legacy iron ore limited

100 million a possiblity, page-6

  1. zmans
    14,500 Posts.
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    03/08/11
    11:50
    Post #: 8765500
    Guys I did some quick calcs on valuing Mt Bevan based on different in ground valuations and our 60% share plus our 18% share of HAW. So here goes:

    10c per tonne: 20.7c
    12.5c per tonne: 25.8c
    15c per tonne: 31c
    17.5c per tonne: 36c

    This does not include what Mt Celia is worth given they are at JORC plus our FE plays at RR, Hamersley and our other assets. Didn't CFE get 18 c per share on one of their FE sales...?(Match help)
    LCY Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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