LCY 10.0% 1.1¢ legacy iron ore limited

Ann: Entitlement offer to fund growth, page-28

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  1. 86 Posts.
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    hi all

    how much to buy remaining 40% of bt mt bevan ?, 15-20mil ?

    I believe haw would sell for a fair price, any thoughts.

    With all this cash coming may make sense,12mil from NMDC have some $ ready, may Lcy come out with an offer to buy Mt Beven before close of offer to take up 1 for 3 shares at 1.4c ?

    Got to be some upside to doing this again as It didn't work last time, if nothing changes then same result, but surely the company would be aware of public share holder sentiment.

    I think something is brewing.

    PS I assume I have done my options, didn't see any other news on that
    All in my opinion

    Cheers
 
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1.1¢ 1059536 2
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