LCY 0.00% 1.3¢ legacy iron ore limited

Callent, pleased that you were not talking about LCY, .....could...

  1. 238 Posts.
    Callent, pleased that you were not talking about LCY, .....could not see any reason for negativity considering how well it survived last week's bedlam.

    The LCY developments with NMDC, the initial JORC at Mt Bevan & now further drilling at Mt Bevan.

    With estimate of worth being at around 45c for Mt Bevan
    we're very comfortable buying at these levels.

    http://www.proactiveinvestors.com.au/companies/news/18431/legacy-iron-ore-undervalued-play-not-lost-on-indian-and-chinese-iron-ore-steel-groups-18431.html

    This afternoon we experienced some 'tree shaking' by accumulators or bigger traders trying to loosen some stock.

    They got a bit of stock, but not a huge amount.
 
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