LMG 2.08% 4.7¢ latrobe magnesium limited

Ann: LMG PEAK Microcap conference presentation 13-Jul-23, page-31

  1. 1,816 Posts.
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    Thanks Ken,
    Agree with content of your "epistle" and I have no doubt that covid has had an impact on supply.

    I don't have a huge problem with delays provided they inform the market. It's when they drop information on delays precipitously that it smacks the share price. In addition, typically, when there is lack of information it then gets created to fill the void often with pessimistic misinformation. They need to invest $50k/year on a part time communications specialist or contract a company and they will realise a lot more than that though increased market cap and share price.

    Re the options, selfishly, I prefer they don't get converted and dilute the value of my holding, though I'm sure the ~$5m would be be nice revenue provided it avoids a capital raise.

    I so wish that the Board would appoint a new CEO and DP become chair of the Board. I think we would see this company quickly move to double digit shsre price.

    Thanks for your insights - always valued.
 
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