LCY
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6.67% 1.4¢ legacy iron ore limited

wall street journal, page-25

  1. zmans
    14,556 Posts.
    lightbulb Created with Sketch. 1445
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    26/05/11
    12:13
    Post #: 8454651
    Spot on Rabbit, however if you are a long term holder and can see beyond what price the Indians will pay short term you will realise what doors these guys will open for LCY.

    Every article I have read has NMDC quoted as saying they will take 50% of LCY, thats why I am confident a deal will be done. Would love to know what system they are using to evaluate the Co's worth and who will be doing it...?

    The sad reality is our JORC coming up on Mt Bevan has been totally forgotten.
    LCY Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.4¢ 		Change
-0.001(6.67%) 		Mkt cap ! $107.9M
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