"LMG is investigating the combination of a sale of part of site land and the sale and leaseback of thesite where the Demonstration Plant is in situ. It is expected that the combination of this approach could release a value for the site of up to $15M. These funds could then be used to assist with the financing of the Stage 2 mine planning work, bankable feasibility study, further test work and funding costs for the Commercial Plant."
Can anyone please shed light on what the following means and it's further implications?
"Sale of part of site land and the sale and leaseback of the site where the Demonstration Plant is in situ."
Ken
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.01M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $15.42K | 1.924M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 11036368 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 5668786 | 7 |
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| Last trade - 15.36pm 04/07/2025 (20 minute delay) ? |
| LMG (ASX) Chart |