LCY 0.00% 1.1¢ legacy iron ore limited

Did they ever do a scoping study on what sort of Fe prices were...

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  1. 22,120 Posts.
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    Did they ever do a scoping study on what sort of Fe prices were needed to make Mt Ida a goer? Given the enormous cap ex of Magnetite I'd think it would be $120-$140/t? So will need Iron Ore prices to go for an almighty run to get value there?

    As for an investment vehicle well if they haven't done anything in years well I'd have to agree with you it's pretty unlikely they will change their spots all of a sudden

    Still think though SGQ find something next door then through sheer dumb luck of holding the ground adjacent LCY will do well
 
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1.1¢
Change
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Mkt cap ! $100.2M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $5.096K 463.2K

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2 40680 1.0¢
 

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Price($) Vol. No.
1.1¢ 1137379 2
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Last trade - 12.04pm 29/11/2024 (20 minute delay) ?
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