I doubt it will get anywhere near 15c. If we were at about 8c where we should have been without all these delays and repetetive capital raisings then maybe.
On announcement of MgO production we will be lucky to reach double figures from sub 5c. I suspect we may hit 8c.
What really matters is the extraction efficiency which we won't know for some months after commencemnt of production.................and that commencement date is some time after March they said - I'll beieve that when I see it!
I doubt it will get anywhere near 15c. If we were at about 8c...
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Last
5.6¢ |
Change
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Mkt cap ! $108.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.002 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.6¢ | 266242 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| LMG (ASX) Chart |