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3.45%

3.0¢ latrobe magnesium limited

Hi Tropic, so we filled out gap and found support at .053 cents....

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Honest Rick

251 Posts.

15

14/05/24

13:05

Post #: 73815348
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Originally posted by tropic: ↑

Good pick up Rick.
It was a great opportunity to unload, and buy back though I think I will wait for the capital raise or after the CR.
I think it will settle around 5.8c today. Not ideal - a lack lusture announcement, and yes a line of 1 tonne bags of MgO would have helped. It's carrying a lot of baggage form the oast 12 months. I doubt that potential big investors sitting on the sideline would be impressed by that release.

Our hope now is for another announcement about extraction efficiency and purity to tell us just how good the hydromet process has performed. It may be best to wait for the CR after that.

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Hi Tropic, so we filled out gap and found support at .053 cents. All we need now is some good news from the plant, as in a line of full 1-tonne bags or pictured loaded on the back of a truck going to Rainstorm Dust Control. The buyers are there and if David sends out the right announcements LMG will rocket.

LMG Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 3.0¢		Change 0.001(3.45%)		Mkt cap ! $70.45M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.9¢	$24.83K	836.6K

Buyers (Bids)

No.	Vol.	Price($)
2	165069	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.1¢	130000	2

View Market Depth

No.	Vol.	Price($)
2	165069	0.030
1	6612	0.029
8	1680714	0.028
2	125000	0.027
1	7500	0.026

Price($)	Vol.	No.
0.031	130000	2
0.032	331165	1
0.033	30633	1
0.034	96551	1
0.035	9836	1

Last trade - 16.10pm 18/09/2024 (20 minute delay)

LMG (ASX) Chart