LCY 7.69% 1.4¢ legacy iron ore limited

fundamental analysis

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    Total outstanding LCY shares
    579,783,502
    536,841,606 (after share buy back at $nil cost)
    Total options
    ~220m

    Total tradable LCY shares 134m approx. (excludes holdings from NMDC, directors and other top20 holders)

    Cash: ~$19m
    Available loan: $200m (awaiting for confirmation)


    Mt Bevan valuation
    2.26Bt @ 27.58% Fe (cut-off rate 15%)
    $0.48/t of contained iron
    60% interest of this project gives LCY value of $179.513m

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    Note: Eastern BIF hasn't been drilled yet.

    Hamersley Project valuation
    $0.6m

    Robertson Range Project Iron ore + Manganese
    $1.46m

    South Laverton project
    $5.54m

    East Kimberley project
    $0.48m

    50% of Wonarah Phosphate project
    $??m

    min. 50% of coking coal project
    $??m

    Ridley Iron Ore project
    $??m


    overall valuation: $187.613m or $0.325 per share before share buy back or $0.35 per share after share buy back

    even we half the valuation of Mt Bevan project as LCY hasn't earn the 60% interest yet, it's still $0.17-$0.18 per share.




 
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Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $107.9M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $2.206K 169.6K

Buyers (Bids)

No. Vol. Price($)
2 337730 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 87803 2
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Last trade - 13.23pm 09/07/2024 (20 minute delay) ?
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