I doubt it will get anywhere near 15c. If we were at about 8c where we should have been without all these delays and repetetive capital raisings then maybe.
On announcement of MgO production we will be lucky to reach double figures from sub 5c. I suspect we may hit 8c.
What really matters is the extraction efficiency which we won't know for some months after commencemnt of production.................and that commencement date is some time after March they said - I'll beieve that when I see it!
I doubt it will get anywhere near 15c. If we were at about 8c...
Add LMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $90.03M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.6¢ | $55.24K | 1.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73113 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 363968 | 2 |
View Market Depth
| Last trade - 12.33pm 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
4.8¢ |
Change
0.000 ( 2.04 %) |
||||
| Open | High | Low | Volume | ||
| 4.7¢ | 4.8¢ | 4.6¢ | 525906 | ||
| Last updated 11.53am 06/06/2024 ? | |||||
| LMG (ASX) Chart |