LMG

3.13%

3.3¢ latrobe magnesium limited

Ann: Quarterly Activities Report, page-14

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dasha

650 Posts.

25/05/20

13:44

Post #: 44817107

Originally posted by RetirementACC: ↑
that's all well and true but you didn't take into account the government subsidies for recycling waist.
250k per year for transport and logistics can be claimed
Dollar for dollar up to 5m for infrastructure projects
And other incentives that reduce waist from landfills and carbon footprint globally.

As stated by LMG, the process to produce magnesium takes less energy then conventional ways.
And costs less for US to buy from Australia then China due to anti dumping laws.

At least one US and Japan magnesium importer already signed a contract to buy all 3000 tpa from the pilot plant and more from the 40,000 tpa future plant from LMG.

Maybe I'm wrong about some of these things I don't know. But to me, it's worth the risk. Besides the above, management has expressed passion for the project, and that's a large bonus in my book.
Expand
This looks strange.....did someones finger get stuck?

LMG
$0.010 (0.00%)

Course Of Sales
Last 20 Trades
|
All Trades

Time Price ($) Volume Value ($) Condition
1:04:35 PM 0.010 18,153 181.530
1:04:17 PM 0.010 18,153 181.530
1:04:05 PM 0.010 18,153 181.530
1:03:55 PM 0.010 18,153 181.530
1:03:35 PM 0.010 18,153 181.530
1:03:14 PM 0.010 18,153 181.530
1:02:54 PM 0.010 18,153 181.530
1:02:44 PM 0.010 18,153 181.530
1:02:26 PM 0.010 18,153 181.530
1:02:26 PM 0.010 80,000 800.000
10:31:11 AM 0.010 20,000 200.000
10:31:11 AM 0.010 50,000 500.000 XT

Course Of Sales Last 20 Trades \| All Trades
Time	Price ($)	Volume	Value ($)	Condition
1:04:35 PM	0.010	18,153	181.530
1:04:17 PM	0.010	18,153	181.530
1:04:05 PM	0.010	18,153	181.530
1:03:55 PM	0.010	18,153	181.530
1:03:35 PM	0.010	18,153	181.530
1:03:14 PM	0.010	18,153	181.530
1:02:54 PM	0.010	18,153	181.530
1:02:44 PM	0.010	18,153	181.530
1:02:26 PM	0.010	18,153	181.530
1:02:26 PM	0.010	80,000	800.000
10:31:11 AM	0.010	20,000	200.000
10:31:11 AM	0.010	50,000	500.000	XT

Last edited by dasha: 25/05/20

LMG Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held

1 Upvote

0 Great analysis

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Last 3.3¢		Change 0.001(3.13%)		Mkt cap ! $77.50M

Open	High	Low	Value	Volume
3.3¢	3.4¢	3.2¢	$5.793K	175.3K

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No.	Vol.	Price($)
2	17168	3.3¢

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Price($)	Vol.	No.
3.4¢	514478	3

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No.	Vol.	Price($)
1	493	0.033
10	2161027	0.032
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7	1179500	0.030
4	802106	0.029

Price($)	Vol.	No.
0.034	414478	2
0.035	209836	2
0.036	286679	5
0.037	6000	1
0.038	15000	1

Last trade - 16.10pm 06/09/2024 (20 minute delay)

LMG (ASX) Chart

Ann: Quarterly Activities Report, page-14

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

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Ann: Quarterly Activities Report, page-14

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Sellers (Offers)

Featured News