LCY 0.00% 1.3¢ legacy iron ore limited

WIN/WIN 2.5c whether NMDC or Mt Celia (~$287M EV) - Bidder Statement, page-21

  1. 2,038 Posts.
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    Individually, anything north of 3c per share before Xmas. But, in solidarity with older holders, I think a hold out to 5+ is positive. That's a measley $15M for full control of our whole collection of projects. Well worth it for NMDC to have unhitched gold and ore projects.

    17c might be a little high to offer in Bidders Statement, but, the underlying value would still support that. I think they could mop up 90% yes's with a 5-10c offer.

    Good price action today with .004c bought out.

    Looking forward to tomorrow.

    I'm still lined up at .002 and .003, so feel free to dump me some more tomorrow if you cant wait for announcement. : )

    GLTAH.
 
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