LCY 10.0% 1.1¢ legacy iron ore limited

1c party, page-7

  1. 21,239 Posts.
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    haven't been around LCY for a long time, feel sorry for those who put their faith in the management of this company. It's hard to believe anyone actually gets paid to 'manage' such a thing. As for NMDC, their involvement has probably put any investor off ever getting involved with an Indian entity again. I remember what was effectively promised and what has actually been delivered, absolutely shocking.... haven't held for a very long time now, it sure looked good one time with such a great resource, but in the current climate of low IO pricing and the capex required to get LCY off the ground it's hard to see recovery in LCY any time soon. I don't know why LCY don't mothball themselves until brighter days and save on expenses...... oh, yes I do.....
 
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1.0¢ 1.1¢ 1.0¢ $1.241K 120.8K

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