LMG 4.55% 4.2¢ latrobe magnesium limited

Great insight as always tropic it seems they are working hard on...

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    Great insight as always tropic it seems they are working hard on balancing the books for the end of financial year. That could involve as pippo stated the standing down of workers which doesn't necessarily mean they are running in the negative, it could just be a measure to keep cash flow in the green while they limp to the capital raise funding and if they do that the switches will be flicked on and construction can commence fully funded (heard that before haha).

    Just a quick one tropic, is it possible that the $300,000 we received in interest from the R&D tax rebate could be used to top up the cash flow account? Or would that money be obligated to pay off debt like the rest of it?
 
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