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LMG

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2.7¢ latrobe magnesium limited

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Ajjax

1,959 Posts.

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21/07/24

12:47

Post #: 74845722
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Originally posted by tropic: ↑

Totally Agree. The demo plant won't generate any profit, the revenue is expected to cover the operational cost( once they produce ingots). It's job is to confirm that the hydromet process works well. We still have no figures on extraction efficiency, purity and throughput.

Re accountability, A letter went to the Board with a list of questions - one of them was why he was not on performance based pay. He gets his remuneration irrespective of whether Milestones are met on time, late or not at all. This needs to be rectified.

Needless to say, we never got a response to the letter.

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How long will this con job from LMG go on? Just filing my returns and realised that after converting my options I have paid $14,532.79 in total for 126,760 shares. Will this junk ever go to 11.5c? The inept management will end up doing many many cap raises and will ensure this investment of mine is doomed.

LMG Price at posting: 4.3¢ Sentiment: None Disclosure: Held
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(20min delay)
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

Buyers (Bids)

No.	Vol.	Price($)
1	101939	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	20512	1

View Market Depth

No.	Vol.	Price($)
1	101939	0.027
1	100000	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

general discussion, page-2193

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general discussion, page-2193

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