There is no other Australian company that is near to production. The only other company is in Canada and the two companies are in communication with each other. Even though they are competitors, due to the fact that there is no other competition outside of China, they're sort of working together for the greater cause.
As I've previously mentioned, LMG already have their off-takes signed up from America and Japan and I believe the Company are looking at these two companies to provide funding for the plant.
That's what I took away from the webinar anyway. I may have mis-heard or mis-interpreted what was said so please DYOR.
LMG Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
