LMG 4.04% 4.8¢ latrobe magnesium limited

Just a reminder. David in his phone call said MgO next week, not...

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    Just a reminder. David in his phone call said MgO next week, not this week.

    Today was reported as only being ash delivery.

    Perhaps expectations for some people today were not based on reading the previous announcement correctly or thoroughly?

    "First ash delivery on the 19th of April. The next stage of the process is ore commissioning, which will commence immediately."

    (perhaps LMG using the words 'ore commissioning' and 'immediately', understandably led people astray, as we do not process ore?)

    "During the next week, (obviously after the 19th) the Demonstration Plant will be further tested and ramped up, with acid addition expected early next week and the spray roaster being heated ahead of magnesium oxide production in the coming days.
    So MgO after further, ramping up, acid addition and heating the spray roaster.

    A bit more to be done yet and MgO production was certainly not reported as being achieved today.

    The drop in sp is insignificant unless people were looking for an exit. It takes very little for a sp to rebound and make steps forward.

    Next week or the one following is what is likely, so let's see how they go and not jump at shadows.
 
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