"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...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $131.1M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $10.94K | 682.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 263570 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 474975 | 1 |
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| Last trade - 15.53pm 01/08/2024 (20 minute delay) ? |
| LCY (ASX) Chart |