MgO significance that I can think of...
- MgO is a white powder or pellets that will be bagged for transport.
- MgO will be sold to a WA company
- MgO will only be produced for about three months.
- MgO is only an interim product until Mg metal
- MgO from fly ash will be a first in the world.
- MgO by LMG will be the first company in the southern hemisphere where commercial magnesium oxide is produced.
- MgO will demonstrate LMG's patented, world-first hydromet process can be operated successfully, and prove to all stakeholders the true value of its intellectual property.
- MgO is then able to be reduced to Mg. The process involves the use of a MgO and C mixture in pellet form with a molten metal solvent such as Pb, Sn, Bi or Sb.
- The step from MgO to Mg production relies upon gas, reduction furnace and chemical additives.
- With MgO production, we are in near sight of our first magnesium metal ingots and exports.
I would hope there is a bonza announcement, wide media coverage and celebration.
The MgO production by LMG is a significant milestone. Perhaps MgO production is a milestone that is currently underestimated?
Not far to go for a very important and groundbreaking time for LMG. A paradigm shift from research to production. A new kid on the block that has a swagger.
Will LMG commence MgO according to schedule? We will soon see.
Will MgO production cause a stir within the media, the market and the industry? We will see.
Sure looks like we may soon have a large sigh of relief and cause for celebration imo.
- Forums
- ASX - By Stock
- LMG
- general discussion
general discussion, page-1779
-
- There are more pages in this discussion • 425 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $93.00M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 4.0¢ | $13.83K | 337.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 789252 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 64100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 789252 | 0.040 |
3 | 1025600 | 0.039 |
5 | 305000 | 0.038 |
1 | 13600 | 0.037 |
2 | 12805 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 64100 | 1 |
0.044 | 130100 | 3 |
0.045 | 295511 | 4 |
0.046 | 350000 | 3 |
0.047 | 189700 | 2 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
LMG (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online