LMG 2.00% 4.9¢ latrobe magnesium limited

Hi ProfitThat is a long time to hold your breath. Although...

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    Hi Profit

    That is a long time to hold your breath. Although production was forecast back in the AGM 26th November 2015. "Jul 2017 start production of 5,000 tonnes pa plant"

    As you may remember the demonstration plant changed from 5000tpa to 3000tpa, to 10,000tpa and then finished at 1000tpa within 7 years. I would think it fair to say that LMG are like chooks when there is a snake in the pen...

    They have been making it all up as they go, from making two steps forward, one step back, over and over again.

    I value the tenacity under all the forms of highs and lows of this paradigm changing, revolutionary and unique project. The tenacity is relatable and very Aussie.

    I'm not pumping or upholding. The tenacity to get LMG to being a reality, combined with risk reward ratio, drive my expectations of success.

    Just one other point. All that I have shared regarding my communication with David Paterson was paraphrase. There was not a single direct quote. What I personally sensed from talking with David and hearing his tone, is that the 16th is a distinct possibility but give us a break if we are slightly later.

    Regards
    Ken



    Last edited by kengaroo: 10/04/24
 
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