LCY, legacy Iron oreSigned hoa for new IO tenenment good grades...

  1. 13,252 Posts.
    LCY,
    legacy Iron ore
    Signed hoa for new IO tenenment good grades close to all infrustucture
    upside
    Has 4 tenements in pilbara recently jv 50% out to lachlan group who will spend 10 mil to fast track them to BFS. Lachlan will JORC all 4 tenements.

    Gold tenements

    Price 9 cents mc of 7 mil

    Chinese ties

    downside
    Has a lot of management options though, 100 mil but covertable at 25 cents so no where near the money.

    also might have a few spp overhang but majority are gone now

    P.S hope by putting downside might save a bit research good luck

    P.S I own


    FUT results due next week for gas well a rentry drill
    siting at .007 cents lots of support behind should move higher into next week

    I own these too lol

 
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