general discussion, page-1203

I see a lot of holders focussing on the SP as opposed to fundamentals.
Its a paradigm shift - With fairly decent management looking after the project fundamentals, the SP will automatically look after itself in the long term.

The current market is in panic mode and has decoupled fundamentals from share pricing. Its happening to a lot of companies that are in similar positions (good to fantastic management, resource and delivery).

I personally invest with a view to the very long term (hence my investment in Magnesium as a commodity). A simple search for magnesium as a green metal, returns some excellent results (https://www.totalmateria.com/page.aspx?ID=CheckArticle&site=ktn&NM=246).
An excerpt from the above article:
"Magnesium is an attractive material for automotive use, primarily because of its light weight - 36% lighter per unit volume than aluminium and 78% lighter than iron. When alloyed, Mg has the highest strength-to-weight ratio of all the structural metals."

LMG has been quite slow to the game, but it has finally arrived and we can see a lot of positive changes happening over a relatively short period.
I wouldn't bet the house on it (in fact I wouldn't bet the house on any stock for that matter, even on NAB ), but I personally would consider investing around 3-5% of my investment capital into LMG. Just to give you some perspective on this, I've invested around 30% of my funds each into NAB and S32.

A thing about commodities. Try and choose commodities that have a huge economic moat.
For example -
Magnesium: very difficult to substitute with another metal and have those huge advantages.
Vanadium: Due to its dual purposing (steel hardening and multiple oxidation potentials) it can be used for steel strengthening with significant weight savings (think automotive, aerospace, defence, general tooling etc) as well as energy storage. Very difficult is not impossible to find a substitute material that performs this well.
Lithium is a good commodity ONLY because its used in high energy density batteries - but that's changing. A tremendous amount of research is being poured into Magnesium as an alternative (theoretically double the energy density) as well as Graphite based batteries. My investment in this commodity is minimal.