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Legacy Iron Ore Limited (ASX:LCY)

ALERT: Price-sensitive ASX Announcement for LCY
Current share price for LCY : $0.005 -0.001 (-16.67%)+
Announcement
Release
30 Jul 2026 8:17AM
Price at Release
$0.006
Full Release
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Summary
Legacy Iron Ore Limited reported its quarterly activities and Appendix 5B cash flow for the period ending 30 June 2026. The company, listed on the ASX under the code LCY, focuses on the exploration and development of iron ore and other metals. During this quarter, the company reported net cash outflows from operating activities totaling $752,000, and from investing activities $1,404,000. It maintained cash and cash equivalents of $6,383,000 at the end of the quarter. Key projects include the Mount Bevan Iron Ore Project and the South Laverton Gold Project. Notably, the Mount Bevan Project is advancing through feasibility studies with joint venture partner Hancock Magnetite Holdings Pty Ltd. The company highlighted ongoing pre-feasibility studies and resource estimates updates for several projects including Mt Celia and Yilgangi. The report also outlined future funding plans and exploration activities for the next quarter.
Key Points
  • Net cash outflow from operating activities was $752,000.
  • Net cash outflow from investing activities was $1,404,000.
  • Cash and cash equivalents at the end of the quarter were $6,383,000.
  • Key projects include Mount Bevan Iron Ore Project and South Laverton Gold Project.
  • Mount Bevan Project advancing through feasibility studies with Hancock Magnetite Holdings Pty Ltd.
  • Ongoing pre-feasibility studies and resource estimates updates for Mt Celia and Yilgangi.
  • Future funding plans and exploration activities outlined for the next quarter.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.