As far as I know @w1londongroup that’s still the case. I think LMG are still hopeful of one day being able to access the flyash from Hazlewood which has the advantage of being processed through the alkaline hydromet process compared with Yallourn’s flyash requiring the acid wash method. Apparently there is some advantage if I recall correctly from an interview David Paterson did with Small Caps last year although I can’t quite remember what the exact advantage was. Hopefully at some point down the track the Hazlewood flyash will become available to LMG.
But ultimately the big money will come from overseas expansions including the proposed Malaysia ferronickel slag plant and potentially the royalties LMG will receive for the use of the patented hydromet process from other international magnesium producers in my opinion.
Of course this is still several years away but Rome wasn’t built in a day
Jasp
- Forums
- ASX - By Stock
- Ann: December Monthly Progress Report
As far as I know @w1londongroup that’s still the case. I think...
- There are more pages in this discussion • 13 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
5.0¢ |
Change
0.001(1.02%) |
Mkt cap ! $95.84M |
Open | High | Low | Value | Volume |
4.9¢ | 5.1¢ | 4.9¢ | $43.78K | 875.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 242144 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 206594 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 242144 | 0.049 |
7 | 286779 | 0.048 |
1 | 10000 | 0.047 |
2 | 13000 | 0.046 |
4 | 172000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 206594 | 2 |
0.052 | 192247 | 1 |
0.054 | 260000 | 2 |
0.056 | 19679 | 2 |
0.057 | 30000 | 1 |
Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
4.9¢ |
  |
Change
0.001 ( 2.00 %) |
|||
Open | High | Low | Volume | ||
5.1¢ | 5.1¢ | 4.9¢ | 408938 | ||
Last updated 13.29pm 03/05/2024 ? |
Featured News
LMG (ASX) Chart |