So.... is no one else annoyed that they have just slipped in a 3 month delay to the demonstration plant? In the half year report published on 15 March (8 days ago) LMG declared (page 6) that construction will start in Q1 2022. This has now moved to Q2 2022. This undoubtadly will have an impact on the project. Surely managment knew 8 days ago that the supply chain was impacted by Covid?
This company has great potential but the dates provided are not realistic and this needs to be addressed. The opportunity for Mag production in Australia is now. If we do not move fast enough we will miss out no matter how good we think our product is.
Not sure what today's update achieves other than to anounce a delay to the demonstration plant.
Ann: Latrobe Magnesium Project Update, page-4
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