LMG 3.13% 3.3¢ latrobe magnesium limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

  1. 847 Posts.
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    I am not actually too worried with the majority of the construction finished. Building anything currently gives me the shakes, the cost of everything is ridiculous at the moment.

    I would feel differently if ord Minnett didn’t prop up the coffers with that extra 5 million. Yet here we are.

    revenue not far away. I think once the announcement comes that continuous operation is a go, should get a lift. I say this because as I understand they already have buyers for the product? Correct me if I’m wrong on that.

    I bought more to bring my average down, I think opportunistic and not brave, they are close enough now to fumble it into operation and an uptick in sp.

    I hold so my view is bias, but should be interesting in the next 3-6 months to see what the price does
 
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