Ann: October Progress Report, page-112

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iceman747

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22/11/23

12:27

Post #: 71041397
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Originally posted by tropic: ↑

I think it was quite a good meeting, pity the audio was crap at times. I could hear the Chair very clearly and DP I could hear reasonably clearly at the beginning when he went through teh presentation however the answers to questions by DP was basically inaudable and It seems the positioning of the microphone was not optimal!

Couple of quick bites i heard
1. $12.6M rebate expected by xmas
2. Use of Mg currently about 75% for Al sheet metal/cans, 10-15% diecasting, 10-15% steel business
3. Expect full commissioning by March
4. Patent for process to apply to fly ash granted
5. The process has no waste.
6. Have spent $36M of the 42M budget
7. Malaysia plant site is 2km from the port loading site(plant site is actually within the port) with a clear easement access which can facilitate a conveyor belt installation to loading. Malaysian Govt like sthe process due to no waste or minimal waste.
8. FeSi is available within the port site - there are two producers.

I couldn't hear the questions and answers after DP's precentation and I could not hear the answer to the question about the fate of the demo plant after it has demonstrated efficiency of the fly ash processing. Maybe someone had better audio or someone who attended can give us a a summary.

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thanks for the feedback Tropic! Much appreciated. Do you know if they video ‘d or recorded the meeting ?

LMG Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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