LMG 0.00% 3.5¢ latrobe magnesium limited

Ann: LMG finalises term sheet for $23M of project funding, page-24

  1. 350 Posts.
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    My only concern would be penalty rates, when we get into production and are nearer to $1 through up 25-30mil CR and pay out loan 2023? not unlike exactly what we did with the property purchase. This is a HUGE announcement fully funded project with so many benefits. Have a look at what LMG have done in the last couple of months when 3 months ago they couldn't move above 2c.
 
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