LGM 5.00% 19.0¢ legacy minerals holdings limited

Ann: Newmont Farm-in at Bauloora Project, page-18

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  1. 1,772 Posts.
    lightbulb Created with Sketch. 115
    I forgot about that one.

    I was reading about this joint venture with Newmont and Prodigy Gold. Has not net anything significant so far.
    So it's not always a positive.

    Having said that, it seems Legacy has better control over Newmont on the JV as I understand even though the stake could get massively diluted. And I do prefer Newmont over say Fortescue or IGO which has been a big mistake for Carawine resources.

    Still watching with interest but on the fence if I buy back my shares next week.
    https://hotcopper.com.au/data/attachments/5186/5186551-835a114c816ea7b9ef3145a272faea3e.jpg

    Last edited by edgck: 09/04/23
 
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