LMG 2.17% 4.7¢ latrobe magnesium limited

Ann: LMG Reaches Financial Close For Demonstration Plant, page-19

  1. 998 Posts.
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    Yes he obviously does live north of Mexico. In Melb. we get most of our rainfall in Spring (Sept. / Oct.) I do hope that sufficient mitigation against flooding is being considered for this new plant. Latrobe valley in general is one big catchment area (read flood plain).
    Interesting to note that a figure of 36% engineering completed. (seems like a precise number to mention! I note that the March quarterly mentions a figure of 40% completed!
    Anyway, despite some selling down, generally a pretty good day for holders. Best thing though was a timely update from management!
 
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