LCY 3.33% 1.6¢ legacy iron ore limited

Gujarat are already a producer. The upgraded long wall machinery...

  1. 312 Posts.
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    Gujarat are already a producer. The upgraded long wall machinery is already in place, however they dont have approvals to switch it on as yet.

    There was talk in the papers that GNM were in some sort of financial trouble. HAs been alot of rumour and inuendo from local suppliers to gujarat that they are not paying their accounts, and are long overdue.

    i personally dont think the resource is all that good or of the best quality. i would be hoping for something better.

    just my opinion though.
 
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