LCY legacy iron ore limited

Mt. Bevan

  1. 796 Posts.
    lightbulb Created with Sketch. 79
    Doesn't Mt. Bevan look like it is good to create at least 500Mt of salable iron ore?

    At current prices, or even reasonable prices less AISC, my estimation is that Legacy's 30% share is worth US$6.75B....

    That is extraordinarily close to 100 times pur current SP.

    1. Have I missed a decimal place? and

    2. When do Hancock announce that the mine is a go ahead.

    I am all for Mt. Celia but I think Mt. Bevan is where the money is at (not to mention the lithium play...)..

    Full disclosure: yes I did do most of the buying today...
    Last edited by Cooksbooks: 13/12/23
 
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