LEG 0.00% 1.1¢ legend mining limited

re: t4p FletaP...I have shut down all my ASX connections...but...

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    re: t4p FletaP...

    I have shut down all my ASX connections...but from memory, they already have something like 650K ounces of resources...about 200K in reserve status.

    I think you will find the 1m+ is in the immediate vacinity of the Kingfisher mine (Gidgee)...on LEG's existing ground.

    Down the track, once Gidgee is up and running again, I suspect they will be looking at adding to reserves at about the same rate at which they will be using it...which basically means that all up, they will obviously looking at much more than 1m+ ounces.

    The initial plan needs to look at getting an operation up and running at the rate of something like 100K ounces per year, for a minumum 8 year mine life...after which, they can concentrate on adding/expanding on this.

    Cheers!
 
watchlist Created with Sketch. Add LEG (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $32.00M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $2.952K 262.5K

Buyers (Bids)

No. Vol. Price($)
8 919326 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 196347 1
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
LEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.