LCY 0.00% 1.1¢ legacy iron ore limited

does this explain the buying yesterday?

  1. 3,538 Posts.
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    See announcement dated 27/01/2002

    http://www.asx.com.au/asxpdf/20120127/pdf/423z8ryzdtw74s.pdf


    Now that Atlas is currently in suspension and there's speculation that they will go into adminstration - I'm guessing NMDC will finally come out and give us what they've promised the past 3 years.

    The world-class Ridley Magnetite Project, a 2 Billion-tonne magnetite resource, is strategically located within the Pardoo project area and is 100% owned by Atlas.

    I'm sure many are sceptical about this - and I don't blame them, but the buy signs certainly point to something positive.

    Above IMO
    atlas.jpg
 
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