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.
LMG Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held
