LMG 2.27% 4.3¢ latrobe magnesium limited

LMG Development Pathway, page-5

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    They need to get to production asap, even if it's just the demo plant. The next 3 months is critical that they stay on schedule and have ignots coming out of that demo plant. They can then provide extraction efficiency and know cost of production. Communication will also be critical and we know this is their weak point. When the fly ash demo is complete it sets the scene for the 10,000tpa plant. The demo plant then needs to demonstrate Ni slag extraction. Once they have extraction efficiencies they can forecast costs of production and potential profits for the 100,000tpa plant which will attract investors.
 
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