LCY 0.00% 1.3¢ legacy iron ore limited

LCY is in such a different position versus pre-drilling at Mt...

  1. 238 Posts.
    LCY is in such a different position versus pre-drilling at Mt Bevan. we know the NMDC interest is official; due diligence is underway incl the valuation for Mt Bevan.

    With export via existing infrastructure via rail to Port Esperance this iron ore company has a top future.

    Next drill results at Mt Bevan will prove up a massive resource.

    Then we have Robertson Range and other prjects incl gold.

    Buying LCY under 20c is just an amazing opportunity.

    We're going to be looking at 40c+

    In this market of slow growth in the USA & the drag that is having on the general market the opportunity offered by LCY is just an absolute standout proposition.

    8th Aug, then 3rd week of August for the formal NMDC offer is a blink of the eye.

    A money doubler to be sure; or a money trippler for LCYOB. LCYO, LCYOA.

    14c - 20c ..... any price is good when your're facing this position. There might be some short term trading, but all the available stock is being soaked up.

    The next big decision is going to be - "do we continue to hold at 40c?" this company has a great future. Look at the market cap for JMS = $714 mill, LCY has a looong way to go.

 
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