LMG 9.76% 3.7¢ latrobe magnesium limited

LMG chart and Mg price, page-31

  1. 50 Posts.
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    There seems to be a lot of commentary that the share price will pop upon the commencement of production.
    It is well known in the market that production will be commencing within a matter of months.
    For all those that know the markets well, the market prices a company based on future events.
    So why is this not the case with LMG?
    Can anyone give me an example of a company who’s share price has popped upon achieving a milestone that was expected?
    Don’t get me wrong, this company has exciting potential.
    Does the market doubt that this will all proceed?
    There are numerous companies with a market cap of $1 billion plus but are yet to earn a dollar.
    Look forward to feedback.

 
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