LMG 2.38% 4.1¢ latrobe magnesium limited

I had an email from the executive chairman however it has...

  1. 73 Posts.
    I had an email from the executive chairman however it has vanished from outlook express....dont know why that happens.

    What I can remember is that :-

    Ex Chairman is likely to meet with the minister this month. I think it is the state minister.

    Funding mix for construction would likely be :-
    50% goverments assitance.
    25% banks.
    25% conerstone investor.

    State goverment have have shown interest in providing small amount of funds at early stage.

    Federal goverment are favourable.

    Not much cash, But money coming in :-
    $45K from options.
    $150K Note.
    $270K Refunds from some gov enviroment scheme or somthing like that anway.(not exactly sure if that figure is right)


    I wish the email had not vanished, As it would have been good for everyone to have a read.
 
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