LMG 5.71% 3.7¢ latrobe magnesium limited

general discussion, page-1744

  1. 4,198 Posts.
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    It's very true w1

    At least it's a great time for many who still have high expectations, to average down, accumulate or both.

    4.8c ATM looks pretty good for me. I have been buying and building.

    A post like this is counter intuitive to be honest. Yet 10c plus may not be too far away, especially once MgO, finances sorted and steps to start the plant expansion to 10,000 tpa. Three steps in building towards a share price of ????

    4.8c ATM, with a market full of scepticism, fear and apprehension is one thing. Then on top, being a company that currently does not produce or sell anything. Then at the same time a questionable schedule and budget.

    We may well be priced favourably ATM given circumstances.

    I try not to don't judge a book by it's cover, often there are far more dependable indicators on the pages.

    Regards
    Ken
 
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