LEG 7.69% 1.2¢ legend mining limited

Thanks. Assume the 500,000 ou resource is in fact a true...

  1. 111 Posts.
    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!!!
 
watchlist Created with Sketch. Add LEG (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $34.89M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $2.429K 202.3K

Buyers (Bids)

No. Vol. Price($)
2 750406 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 263465 4
View Market Depth
Last trade - 15.59pm 19/06/2024 (20 minute delay) ?
LEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.