LMG 4.88% 4.3¢ latrobe magnesium limited

Difference now is that they are acquiring the necessary assets...

  1. 67 Posts.
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    Difference now is that they are acquiring the necessary assets and implementing plans for the upgrades required. Pretty sure i read they were weighing up doing this in germany few years back as well.

    Sounds like gearing up for production to me... in terms of risk im sure this is not a 'perfect stock' but the political/environmental benefits if this program do weigh in thier favor re. grants and sentiment/support.

    Jobs to the region impacted by coal power station closures by monetising coal waste. On top of that selling a product with no local production even poor regional production. On top of that selling a byproduct for construction in a region indergoing lots of construction that is also economical and environmental.

    Is there something im missing here? Why does the market not rate this yet.
 
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