The difficulty with the valuation of a company like this is that although the current JORC is around 600MT, drilling is underway to at least double this amount by the end of the year. The whole Mt Bevan exploration target would now have to be several billion tonnes as it is 1.5-2Bt for the southern part of the Western BIF. Im sure NMDC would want to only include the current JORC but Legacy would want to include the future potential resource.
Lets see what happens in the next few weeks.
its out, page-38
-
- There are more pages in this discussion • 19 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
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