LMG 2.08% 4.7¢ latrobe magnesium limited

general discussion, page-1527

  1. 6,764 Posts.
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    How much is the land in Malaysia likely to cost?

    I'm guessing quite a few million $ so I think the cap raise and accompanying info will be interesting.

    Has the broker done the deal at 6c because an external player is underwriting the issue?

    DP has put a $1b price on building the 100kt mag plant. That's clearly and profoundly outside the financial and engineering ability of LMG which brings me back to the Bechtel question. There's a lot more to this story that we aren't privy to, hopefully the cap raise info will shed some light.

    Money to be made here I suspect.

    DYOR.
 
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