LEG 0.00% 1.3¢ legend mining limited

50 cent share price valuation

  1. 111 Posts.
    Legend has a 500,000 ou gold resource at Midgee. Even assuming only 50% is recoverable at $100/ou net margin, this implies, with 50 mil shares on issue, a 50 cent share price.

    I realise that this is a quick and dirty valuation, but can someone improve on this.
 
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