20c by May 24. There is simply far more riding on LMG demo success than people realise imo.
The last intraday high of 18c based upon....
* No secure funding (Now complete)
* No logistics contract (Now secure)
* No Demonstration plant construction started (Now nearing completion)
* No offtake contracts for all Mg produce by the 10,000tpa PLUS plant (Now fully secure to America)
* No schedule for first Mg produced (Now March 24)
* No American influence via critical-minerals pact
Etc, etc.......... All leading towards the 10,000tpa PLUS plant and the 100,000tpa plant.
LMG will produce the first Mg in Australia via the demonstration plant and sing it out loud, this baby will be finally seen by the market.
LMG is massively under the radar
LMG shares are available for a song
LMG has a tangable strategy and technology
What at this stage of development is holding back the share price? It is the fact that we are not producing anything. There is a paradigm shift that is clearly on the horizon and the demonstration plant is the hinge.
All in my opinion
Regards
Ken
