LMG 3.45% 3.0¢ latrobe magnesium limited

Ann: April Progress Report, page-4

  1. 251 Posts.
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    Hopefully, tomorrow when the ash arrives the operation will fire up and next week we will see some results that in turn will see a trading halt and a price-sensitive announcement. 2026 is a long time to wait for the 10,000 tonnes per annum plant. I can't see many big institutional investors jumping in to tread water for 2 years. Maybe we may see a takeover. Who knows if this plant is fine-tuned we may see some profit especially if the price of magnesium goes back to its highs. It would be nice to get into the 10-cent range. Let us all kick the can down the road for a bit longer!
 
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