It seems that these monthly reports are limited to progress on Stage 1 only. Good to know that there are no surprises at this stage and all on schedule.
We should see the quarterly next week and there are a few items on which we should expect an update:
R&D Tax Incentive Rebate
- Hopefully we have received the $12.6M ??
Stage 2, 10,000+tpa Australian Commercial Plant
- An update on work by GHD for the mine planning work on the Yallourn landfill.
- Update on the approvals process for stage 2 from Vic Government.
Stage 3, 100,000tpa Plant Project
- Update, on 3rd party investors(signing of non-binding MoU) was expected to be signed by the end of December 2023, if not before. The PFS-B study is projected to commence during the first quarter of 2024, following the execution of the MoU’s
- Update on submission of a land application for the operating plant and the workforce accommodation site
- Update on application process for a manufacturing licence with the Ministry for International Trade Industry and Investment (MIDA)
Would have been good to hear something about the MoU's by now - would be worthy of an announcement.
Ann: December Monthly Progress Report, page-3
Add LMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $108.4M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.6¢ | $43.60K | 753.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 71119 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 396497 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.6¢ |
Change
-0.002 ( 3.45 %) |
||||
| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.6¢ | 266242 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| LMG (ASX) Chart |