Market has turned up.
LCY would have already been at 20c if not for the market rout.
LCY is unlikely to be a these levels again.
If USA DOW does not go well tonight then LCY might remain a bit longer at this level; if DOW is up then LCY will be on the move again and will keep going.
Trading Halt sometime in next 10 trading days, then we get our announcement.
Right now all of us private investor accumulators & the Big Boy accumulators are just getting set with as much as we can afford to place in this stock.
Drilling at Mt Bevan is continuing.
Our target ? ..... probably around 45c.
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
Market has turned up.LCY would have already been at 20c if not...
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