I will take up the offer. On past performance LMG will need every cent of the $6 million to keep the lights on and if they can't there is a real risk that the whole enterprise will founder and we shareholders will lose the lot. For me it is not a big outlay.
I see four hurdles to successful completion of the demonstration plant:
* shortage of tradespeople;
* assay results and the extent of changes necessitated by them;
* inability to achieve an economic efficiency level;
* running out of money.
From what I've seen, the last is by far the biggest and the only one I can do anything about.
We don't need to worry about the competence or commitment of the staff at the plant; we just need a huge leap in performance from head office.
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $65.75M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $4.146K | 148.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 142895 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 142895 | 0.027 |
6 | 652151 | 0.026 |
13 | 1891032 | 0.025 |
4 | 308733 | 0.024 |
3 | 445000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 200000 | 1 |
0.031 | 47808 | 2 |
0.032 | 24000 | 1 |
0.034 | 56888 | 1 |
0.035 | 125000 | 1 |
Last trade - 15.59pm 14/11/2024 (20 minute delay) ? |
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