LMG 6.06% 3.5¢ latrobe magnesium limited

general discussion, page-1198

  1. 1,929 Posts.
    lightbulb Created with Sketch. 404
    I can only put it down to 3 things:
    1. Some info has leaked and those in the know are buying
    2. Many in the market have finally realized that this is a promising stock so are entering and accumulating
    3. High expectation on the quarterly.

    If it's 1 and/or 2 then that's a good thing and hopefully will continue to go North
    If it's 3, then it can jump either way(North or South) in the short term depending on whether the quarterly meets expectations. They won't be announcing any new contracts in the quarterly however I expect they can present a solid picture and forward outlook - especially if they announce they are in discussions with potential partners for the 100ktpa plant.

    Let's see if the quarterly supports the current upward movement.
 
watchlist Created with Sketch. Add LMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.