LCY 0.00% 1.3¢ legacy iron ore limited

Pilatus i dont really give a damn if you think i am a...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,134 Posts.
    lightbulb Created with Sketch. 385
    Pilatus i dont really give a damn if you think i am a shareholder or not but you may try to make this Co look good , but no make up in the world will make this company look like anything but a pig , do you know where the funds are coming from ???? , the 2.7mil loan is spent already imo , and if you dont believe me , do some research , TNG need to be paid 2 mil in the very near future (maybe as soon as this month) , and then you have quarterly admin costs ( just check past admin costs) , so what is left ????? .

    Also the 2.7 mil needs to be paid back back , what in coming funds do we have ???? think really hard on this , as i dont think we have any , no producing assets what so ever as of this date

    So how do we get money to pay for our future re-payments and expenses ??? , RI maybe but who would take this up , as it failed not long ago at 5.7c , so if they are think this again what price could it be done for now seeing the SP is at 3.3c ?? imo maybe 3c , at this price what ever shares you have will just be belted by dilution , this will be the biggest wealth killer for existing shareholder that dont take up the RI and if the last one was anything to go by , not many if any imo retail shareholders will take it up

    So what left NMDC putting their hand in their pocket , and imo the chances of that happening is greater than win lotto . so good luck with your sentiment Pilatus , all imo
 
watchlist Created with Sketch. Add LCY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.