LCY
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0.00% 1.7¢ legacy iron ore limited

$17.9m market cap for 60% of Mt Bevan and coming JV/farm-in deal...

  1. oilman01
    5,729 Posts.
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    07/05/11
    11:02
    Post #: 8367755
    $17.9m market cap for 60% of Mt Bevan and coming JV/farm-in deal with NMDC is absolutely rediculous. I am myself accumulating when it goes under 10c and I believe some others are too. Imo, the maiden Mt Bevan JORC alone could give conservative $100m value to the JV ($60m for LCY and $40m for HAW). Three bags in short-medium term is possible.
    LCY Price at posting: 9.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
1.7¢ 		Change
0.000(0.00%) 		Mkt cap ! $131.1M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $18 1.066K

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1.6¢ 57777 1
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