LCY
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0.00% 1.3¢ legacy iron ore limited

The old rule of thumb used to be $1/MT for DSO and 20c/MT for...

  1. SaintCat
    7,400 Posts.
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    29/12/20
    19:18
    Post #: 49851820
    The old rule of thumb used to be $1/MT for DSO and 20c/MT for magnetite - not sure if this still applies nowadays.

    Maybe the increase in share price and market cap is to help avoid a takeover from JMS although a consolidation of the regional players makes much more sense than them all going alone given the costs involved.
    LCY Price at posting: 4.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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