LMG 2.50% 4.1¢ latrobe magnesium limited

Share price forecast, page-111

  1. 5,948 Posts.
    lightbulb Created with Sketch. 371
    I hope everyone realises or is aware of the following annual production

    1#1 China 1,991,173
    < LMG 100,000 with follow on projects of 100,000 tpa later. Likely put a crimp in some peoples shorts.
    #2 Russia 86,571
    #3 United States 68,226
    #4 Israel 35,741

    LMG has a current 2 Billion market which most predictions expect will increase by doubling.
    Current price about USD 3,500.
    Two follow on plants owned by others but paying royalty of 5% is 3,500 x 200,000 x 5% = USD 35m/year.
    LMG 's own plant would probably double that to USD 50-70m/a. (I haven't bothered to get the exact right number here)
    That is about 3-5c/share dividend - reminder this is all off the cuff spitballing.
 
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