LEG 0.00% 1.3¢ legend mining limited

Ann: 12.95m of Massive Ni-Cu sulphides in diamond hole RKDD023, page-37

  1. 1,251 Posts.
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    Zubric

    I can't see LEG exceeding the billion MC "with ease". Sirius had a brief flirtation with the $1 billion MC but that was very brief and in fact was mostly around the $600 million mark before the aggressive CRs to get the mine built. I would say that in these difficult times (higher expenses and cheaper ore) if LEG get to $600 million with a prospect that compares favourably to what Sirius had in the early days then it will be doing very well. IGO only came in with their $1.8 billion offer after cash had been raised and a mine was mapped out and funded. I can't see them doing the same again for LEG, especially given the meagre results so far (compared to Nova). Having said all that, I hold in hope of better results in the future. I just think that my expectations are a little more realistic than other posters on here.
 
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