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clock Created with Sketch. 26/09/22
22:56
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Originally posted by kengaroo:
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1.0 "Latrobe has appointed Jasper Consult DMMC to assist LMG in making the approach potential partners." Latrobe Magnesium was in the middle East recently. In the last Quarterly "Fabrication of the Spray Roaster package is being shifted from Europe to Vietnam" That would be called an express package lol.. All major announcements but we are still missing a few. .What happened here, what meetings of importance? e ighteen (18) major equipment packages issued to the market and a further seven (7) packages under development , representing 66% of the equipment packages planned to be tendered."How have the equipment packages progressed? If 66% were planned to be tendered, what has happened in the last 3 months since it was announced (The above does not include the Spray Roaster or the Reduction Furnaces if I read this correctly.) This drawdown allows LMG to enter into agreements for the supply of its long lead time capital items, being the Spray Roaster (Done) and the Reduction furnaces . These two items represent approximately one third of the direct equipment purchases for the demonstration plant."What is happening with the drawdown that was scheduled for the 1st of September to allow for the reduction furnaces (Plural) ? second Reduction Furnace (Singular) is being shifted to Malaysia"Sounds like one is sorted but not announced as awarded. The last Investor presentation was 9th March 2022 (Over 6 months ago) - Why is there not a great deal more promotion?
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I have a feeling we'll get all the info we need toward the end of the year in-line with the AGM, usually the way it's rolled for the last 7-10 years. FYI the offices are nearly complete painting is being done, shouldn't be to long until the team is on site.
