The case for Latrobe Magnesium 2022, page-25

@kengaroo Hang in their.

For those still following along and the difference between LMG and the proposed GWR Group chairman Gary Lyons wet dream. He and his fellow Singaporean Directors and investors don't know what the "Tragedy of the Commons " is.

Running the numbers again, to put what damage GWR would do, and what they expect to happen for free...

The total mass of CO2 from 180m tonnes of their deposit is 198 million tonnes of CO2. (Note: deposit report the mass of the mineral of interest, in this case MgO, whereas the deposit is MgCO3.(MgO+CO2) Molecular weight almost the same 40.3 :44 CO2 10% higher mass/CO2 molecule.

The end result of their mining would be a wodge of PURE CO2 100 km x 100 km x 10m thick. (Side note: One breathe of pure CO2 and you never take a second. Be careful going into your boats hull for example.)

What GWR expect is that they can dump their rubbish for free. OTOH - LMG makes none. I hope market preference crushes GWR and is an expensive lesson in not doing homework and assume you are entitled.