LMG 2.44% 4.2¢ latrobe magnesium limited

Ann: Proposed issue of securities - LMG, page-4

  1. 350 Posts.
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    Even I'm not that bitter and I've been here a long time. The main concern for me is the very poor communication to the market about plant size, time frame and overall funding. Jumpstart and others want to turn a blind eye to their vagrancies and constant changes and dismissive of JV/TO discussions however if you read between the lines or 'try' and join the dots the only conclusion I can come to is that LMG in an attempt to have these discussions with possible 'partners' while still trying to capitalise on the advantageous conditions they find themselves in while updating S/H with information that varies so much because they can't commit. Time will tell as always and I'm very happy with 12c atm. As was mentioned no update on facility but further queries on design in order to save money by CSIRO. These have been issues for a very long time and continue to be.
 
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