LMG
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6.06% 3.5¢ latrobe magnesium limited

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  1. PThomas
    546 Posts.
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    18/12/22
    16:33
    Post #: 65358448
    I think the demo plant they said will break even, then the 10,000+ plant with make a little but it's the big overseas plant that will bring in the bread & butter. The negotiation for the joint venture project will be interesting. They want someone to put in 1/2 billion or something for 1/2 ownership. Considering this is a world first patent it should attract a big company. Eg Tesla, GM, Ford, VW Automotive Group. Fingers crossed everything goes to plan.
    LMG Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.5¢ 		Change
0.002(6.06%) 		Mkt cap ! $82.19M
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3.3¢ 3.5¢ 3.2¢ $8.218K 256.6K

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