LMG 4.76% 4.4¢ latrobe magnesium limited

Ann: LMG exercises option to buy 320 Tramway Rd, Hazelwood N, page-6

  1. 4,188 Posts.
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    Again an ambiguous announcement that if better presented could have seen a far better response.

    The 3 year lease is not explained as it should be. Is it a purchase outright, otherwise an incredibly costly lease.

    I believe it is a purchase outright but am saying this as the sentence is poorly worded.

    14000m2 does not help either. Why not say 1.4 hectares or even 3.46 acres.

    It is a very positive announcement but going by the last four announcements, the management need a well experienced Marketing Manager.
 
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