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3.45%

3.0¢ latrobe magnesium limited

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kengaroo

4,212 Posts.

1133

04/03/22

21:05

Post #: 59995322
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Originally posted by jordan2410: ↑

Thanks for the great analysis Jasp. The key moving forward is successful completion of the demonstration plant which proves that the process works. After that anything can happen with the price.

I"m not concerned about the price if the company can prove that their process works. As a long term holder of the stock I'm in for the long haul.

Based on your knowledge of the company and its team, do you see any reason why the demonstration plant cannot be completed in the proposed timeframe, or that the process may not work?

I 'm new to HotCopper and have been looking for the great analysis that you and others provide on this forum.

Thanks again.

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I would only like to make a distinction @jordan2410
.
The LMG process has already been proven to work very effectively.
.
International patents and licensing in, EU, USA, India, Australia, China, Indonesia, etc are not based upon a proposition, they are based upon a unique and proven new technology. Otherwise, there would be no patents.
.
The only point of demonstration plant and then increase to 10,000tpa and then 100,000tpa plants is financial scalability.
.
The process works!

Regards
Ken

LMG Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
7 Upvote

2 Great analysis

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(20min delay)
Last 3.0¢		Change 0.001(3.45%)		Mkt cap ! $70.45M

Open	High	Low	Value	Volume
2.9¢	3.0¢	2.7¢	$15.90K	560.5K

Buyers (Bids)

No.	Vol.	Price($)
2	121721	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	140592	2

View Market Depth

No.	Vol.	Price($)
2	121721	0.027
5	406316	0.026
13	1921032	0.025
5	366795	0.024
1	20811	0.023

Price($)	Vol.	No.
0.030	140592	2
0.031	51258	2
0.032	24000	1
0.034	56888	1
0.035	125000	1

Last trade - 16.10pm 11/11/2024 (20 minute delay)

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