LMG 2.27% 4.3¢ latrobe magnesium limited

Ann: LMG Change of Auditor, page-8

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    The ash feed is coming straight from Yallourn power station.
    https://hotcopper.com.au/data/attachments/3005/3005076-e19b63daa5ad0a2ce66657788f6399c1.jpg
    https://hotcopper.com.au/data/attachments/3005/3005136-47117574e5bc74f257261dee369144bc.jpg

    Expected closure year of Yallourn was:
    https://hotcopper.com.au/data/attachments/3005/3005065-36d87af17e46bbe3caab79ca3682c5b9.jpg

    Production not expected until 2022 and then ramps up in 2023.
    https://hotcopper.com.au/data/attachments/3005/3005145-1e56bc764ea8cfd044786d6f51c27e1a.jpg

    If Yallourn is now closing in 2028 that means the project life is now only 5-7 years compared to what would have been assumed of 10 years. Perhaps there is an opportunity to source ash from an alternative location but I have yet to find information on this.


 
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