LMG

0.00%

3.7¢ latrobe magnesium limited

general discussion, page-1045

First 1045 Last

Share
Profile

Follow
jasp

719 Posts.

323

06/03/22

12:56

Post #: 60012678
Share

Originally posted by jasp: ↑

Thanks Ken. I find it staggering that LMG is still under 10 cents tbh. Just take a look at the numbers and all the boxes it ticks.

*Government-listed as a critical mineral

*Revolutionary method of magnesium production which uses up a toxic waste product from brown coal and ferro nickel slag

*Environmentally friendly

*All flyash feedstock is used and transformed into other useful and commercially valuable products such as cement (which traditionally is also a high CO2 emission industry) and other products

*Less than half CO2 production per tonne of magnesium compared with traditional methods of production

*Worldwide growing demand for magnesium - expected to double in the next 5 years mainly due to the aluminium magnesium sheet alloy used for the essential step of light-weighting electric vehicles

*The planned expansion plans from the 1000 tonne per annum demonstration plant up to the proposed overseas 100,000 ferro nickel slag plant

And there are the finances.

*AUD $9-10,000 per tonne of magnesium produced equals absolutely huge revenue when multiplied by the future annual output that LMG has in the pipeline.
The 40,000 plant will generate an estimated $360 - $400m per annum based on current prices and exchange rates from magnesium production not withstanding revenue from the other products.

Despite all this, LMG still only has a market capitalisation of $155m. In the short-term the share price might sit in the 8-11 cent trading range but in the long-term,once production is underway and deals are made with joint venture partners to invest in the development of a 100,000 tonne per year plant, then surely the the share price will be many multiples of this.

Jasp

Expand

Not to mention the patented technology granted in many countries including India,China, Indonesia, Japan’s and the EU

LMG Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

TNC

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

There are more pages in this discussion • 1,170 more messages in this thread...

First 1045 Last

Add LMG (ASX) to my watchlist

(20min delay)
Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $86.87M

Open	High	Low	Value	Volume
3.8¢	3.9¢	3.6¢	$35.92K	951.1K

Buyers (Bids)

No.	Vol.	Price($)
1	24999	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	134036	1

View Market Depth

No.	Vol.	Price($)
1	24999	0.037
4	89923	0.036
11	1535539	0.035
2	236325	0.034
1	29600	0.033

Price($)	Vol.	No.
0.038	134036	1
0.043	536500	3
0.044	4100	2
0.045	45511	2
0.046	350000	3

Last trade - 16.10pm 09/08/2024 (20 minute delay)

LMG (ASX) Chart

general discussion, page-1045

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

general discussion, page-1045

Top Stories

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Revolutionary inverter technology leads the clean energy charge

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

True North increases silver metal at QLD's Vero deposit by 20%

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News