"With NMDC added to our registry and the good next drilling results/scoping study, we should see at least $100m market cap LCY by Xmas. I will love it, marking a year my holding LCY."
It's quite possible Oilman01.
From my estimates, Mt Bevan (LCY/HAW) would be around 1.7 billion tonnes of magnetite, bearing in mind there are potential room for DSO hematite (area close to Mt Mason extension)
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1431953&msgid=8123232
If we use JMS modeling, LCY's NPV per share will be well above 36 cts ($0.36 is with JORC 1.1-1.3b tonnes magnetite @ 30-40% Fe)
http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1432082&msgid=8131726
Cheers,
"With NMDC added to our registry and the good next drilling...
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LCY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| LCY (ASX) Chart |
Day chart unavailable