The step up to 20,000 tpa is a nice to have increase in EBITDA
The flow-on effect is the increased firepower LMG has in taking stakes in off-shore nickel slag based projects. A good thing. Dividends will be more modest as a consequence, but the sp, lets say after 5 off-shore plants are operating, certainly will be something. I nominate 5 because there are by my reckoning 10 good possibilities and unlikely LNG will get them all. Linear thinking assuming $84m /20,000 t.p.a x 500,000 tpa ~ 2.1 m EBITDA, at which point I suspect there will be dividends.
✌ fingers crossed.
(Not including any increase in Mg prices and reduction of %ownership as some slag waste holders will want some stake in the plant as a side hustle.)
- Forums
- ASX - By Stock
- Ann: Latrobe Magnesium awards spray roaster contract to Tenova
The step up to 20,000 tpa is a nice to have increase in EBITDA...
-
- 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
|
|||||
Last
3.2¢ |
Change
-0.003(7.25%) |
Mkt cap ! $75.13M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.2¢ | $71.39K | 2.169M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 401616 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 15296 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 401616 | 0.032 |
4 | 261933 | 0.031 |
6 | 511665 | 0.030 |
1 | 250000 | 0.029 |
1 | 18000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 15296 | 1 |
0.036 | 200000 | 1 |
0.037 | 39783 | 2 |
0.038 | 149036 | 2 |
0.043 | 336500 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
LMG (ASX) Chart |