LCY 10.0% 1.1¢ legacy iron ore limited

2minds need help, page-23

  1. 259 Posts.
    Hi Bugs, You raise some really good points, and on reflection I totally agree with what you have to say, especially with the expectation that mgmt. may have plans to raise funds - probably through debt. That may not be such a bad thing. FMG did the same and have come out ok. (although they do have producing assets). As you say, it hinges on them spending the money wisely and getting some decent substantial announcements re company direction out to the market. I guess like most here on HC I have seen my investment decimated and was venting a little. I usually post positive comments, and hopefully will have cause to do so in future. I too believe in the future of this company and I guess patience is a virtue eh? Will you be attending the next AGM?
    Cheers Mal
 
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