LMG

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2.7¢ latrobe magnesium limited

Ann: LMG finalises term sheet for $23M of project funding, page-19

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Golden Fleece

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14/12/21

11:45

Post #: 58278781
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Originally posted by benkenobi: ↑

I'm not sure if i'd be using the warrant exercise price as a future price guide if that's what people are suggesting that's kind of laughable but i'm not going to argue with people on here about it. It does seem that we have a few people that want to get rich quick as well or maybe they're just excited and I don't blame them. We are just starting to get going, the share price will take care of itself and the big money will be made over time and with a lot of patience IMO. Apart from the rate that does seem a bit high, it's excellent news and pretty much as expected. Full steam ahead now to get the 1,000tpa plant up and running and then progressing towards the 100,000tpa

Just to add if anyone failed to read this part - "Loan repayments are budgeted to be sourced from a combination of R&D tax refunds (arising under LMG's R&D Tax Incentive entitlements) and LMG's offtake agreements."

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Agreed

But even though they will get R&D refunds and have offset agreements which will help cash flow; the interest will still impact on profitability

Looking at the bigger longer term picture - I'm optimistic - managed to get a few in that blip just now

GLTAH

Last edited by Golden Fleece: 14/12/21

LMG Price at posting: 10.3¢ Sentiment: Buy Disclosure: Held
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Last 2.7¢		Change 0.002(8.00%)		Mkt cap ! $63.41M

Open	High	Low	Value	Volume
2.6¢	2.7¢	2.6¢	$22.77K	854.4K

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No.	Vol.	Price($)
1	101939	2.7¢

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Price($)	Vol.	No.
2.8¢	20512	1

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No.	Vol.	Price($)
1	101939	0.027
3	264077	0.026
7	459661	0.025
3	95000	0.024
1	100000	0.023

Price($)	Vol.	No.
0.028	20512	1
0.029	70000	1
0.030	208406	2
0.031	19000	1
0.034	56888	1

Last trade - 15.59pm 01/11/2024 (20 minute delay)

LMG (ASX) Chart

Ann: LMG finalises term sheet for $23M of project funding, page-19

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Ann: LMG finalises term sheet for $23M of project funding, page-19

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