LCY 0.00% 1.7¢ legacy iron ore limited

Well you would have to think that $19 224 179.93c isn't just...

  1. 566 Posts.
    lightbulb Created with Sketch. 65
    Well you would have to think that $19 224 179.93c
    isn't just chump change to a major corporation like NMDC
    Approval from the top no doubt.
    I hold on to the slim hope that me and my mate have held on to since 2007 will get our capital and interest costs back at least
    From there the sky's the limit
    Low cost to produce
    Ready market to India
    The mine life alone is amazing
    Gina has done this before so you think with the Hancock expertise this will happen quickly and without to many hiccups

    20c 30c 50c should not be a problem then the sky's the limit
    Just need the right push

    Bobbin I've been saying for years that yes less than 9% now of all the shares are tradable
    If there is a scramble for shares it should move quickly
    Hancock Prospecting/Atlas should have the Pre Feasibility study out by the end of this month supposedly.
    I know the BFS is next if they decide to proceed. Im assuming two big players like Hancock and NMDC should not have a problem with funding
    Once they get to production the payback would be/could be swift
    Dividends are even a possibility

    This stock has made life difficult at times over the last 17 yrs
    It could be my saving grace at least
    Hope it will be for many other long standing holders


    IK
 
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