I dont understand this announcement. Costs reduced from $100 Million to $35-$40 Million.
Then near the bottom of the report it states
blah,blah,blah has reduced the costs from $100 Million to between $65 - $70 Million.
So the question is how much will the plant cost
$35, $40, $65 or $70 Million ??????
And to whoever ask the question, Why does the share price go down when they are making annoucements, That is because this announcement was not a good one.
Reducing your production by 50% in the first year, Thats why the price went down. That and the fact that they cannot get funding for the $100 Million plant.
I am waiting patiently to buy LMG, From 2c a week ago, To hopefully 1c in another month or so.
LMG Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
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