LCY 6.67% 1.4¢ legacy iron ore limited

New MD appointed.Reads well. Bringing in some industry...

  1. 80 Posts.
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    New MD appointed.

    Reads well. Bringing in some industry experience as they start getting closer to doing some numbers on Mt Bevan.

    Drilling continuing and hitting great widths judging by the recent announcement.

    Would view this as being a positive as brining a MD on ahead of more potential resource upside, so that he can have a say in how he wants it run.

    Would also see this as a positive in that Sharon is leaving the position earlier than planned to focus on resource acquisitions with the view to expanding Legacy into a monster resource company.

    All reads very positive for me.

    Add on the back of this a potential tie up with NMDC, and the future looks very rosy.



 
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