LMG
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2.08% 4.7¢ latrobe magnesium limited

Ann: LMG awards pre-feasibility study for 100,000 tpa plant, page-83

  1. rivermore
    6,764 Posts.
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    04/11/22
    09:42
    Post #: 64583919
    I think LMG might be finally starting to gain some commercial momentum.

    The Latrobe Valley project is becoming abit irrelevant IMO, if LMG can land the right deal as a result of multiple parties wanting the 100kt project then it will enable a substantial free carry or even a project debt funded equity position.

    The world is going crazy for electrification metals, particularly Li, N and Co.

    At some point the penny will drop for Magnesium also (IMO).
    LMG Price at posting: 7.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.7¢ 		Change
-0.001(2.08%) 		Mkt cap ! $103.0M
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