LEG 0.00% 1.1¢ legend mining limited

Here we go!, page-17

  1. 366 Posts.
    We've done the math already ddzx, feel free to go back through the threads. For a start you may note that $6m is tranche 1, followed next year by $6m tranche 2, followed after that by $5.5m tranche 3, plus Fraser, SIR, existing cash, drilling commencing soon, etc, etc. RMR may have some more tenements and trading at 1.8c but they're getting primed for a CR very soon as they don't have enough cash to even last this quarter, LEG won't have this problem (of course, that's if the sale gets finalised, although I don't think MW would have bought another 10m shares if he wasn't very confident, still you never know sometimes). Get the cash, positive drill results and some new tenements and it should do well. High risk of course as with all small caps, but I like small caps with money
 
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