LMG 6.06% 3.1¢ latrobe magnesium limited

LMG Feed Stock & Process Advantage, page-3

  1. 4,206 Posts.
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    @jumpstart

    Cookie monster, not smart cookie at all.
    I just really like the stock and the triple win.
    Financial/Environmental/Social.
    .
    The graph looks a little ambiguous but also not highly relevant given the 3 stages of project development presented today ie 1000, 10000, 100,000 tpa.
    .
    Can you direct me to where you found the graph so that I can read the commentary around it please?
    The goal posts have changed a number of times over the last year.
    .
    Not being too negative but there have continued to be multiple presentation errors relating to development phases, classification of demonstration plants as opposed to commercial production, typo's and statistical anomalies.
    .
    Even today the 10,000 tpa plant was titled as a demonstration plant and then commercial plant.

    "LMG announces expansion of its Demonstration plant to 10,000 tpa"
    .
    Compared to...

    "Production Timetables
    -1,000 tpa demonstration plant by 1stquarter of 2023.
    -10,000 tpa (commercial) plant by 2ndquarter 2024.
    -100,000tpa overseas plant by 2ndquarter 2026."
    .
    I am not nit picking at all. The relevance of precise parameters for the sake of interpretation of a business strategy cannot be overstated. Precise parameters are critical for modelling otherwise all the graphs produced become a sham and embarrassment imo.
 
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