legacy signs mou with nmdc ltd, page-28

Yes, daytraders need to exit, that's their mode of operation.

With LCY being worth well north of $0.35; quite possibly even double that, regular holders will find as the market becomes fully aware of what is going on at Mt Bevan, Hamersley, Robertson Range & the NMDC deal there will be a re-rating.

Of course there is risk; ... until the price is made public and secondly not until the deal is complete is value fully achieved.

However, even over the next 2 or 3 weeks it would be reasonable to expect a much higher price than today's day trader's quick profit / exit price.

Today is a day to celebrate the beginning of something very big. 60 days or less to complete this first stage of building a very significant miner. Congratulations to Legacy management, directors & key shareholders.

Rewards come to the patient stakeholders.

Great chance for investors while short term holders are taking their profits. We may also see some serious volume trading activity too - over the next month or so.