LMG 2.17% 4.7¢ latrobe magnesium limited

general discussion, page-1097

  1. 2,959 Posts.
    lightbulb Created with Sketch. 3510
    Yes share price flat lined giving us a confident view of bottom. We have a pulse now and I expect a new ath.

    Back in on parcels I excited with that poor share purchase they did for their mates.

    Phase 1 is a 3m ebit operation, moving to 45m to 100m

    Market cap therefore is 450m to 4.5b over time.

    Add to that Tesla using magnesium in anode gives uina a new market yet to be appreciated.

    Finally 50 percent cheaper than Chinese manufacturers makes this a no brainier..

    Final finally, using ash removed mining risk and increased esg credits.
 
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