LMG 5.88% 3.2¢ latrobe magnesium limited

general discussion, page-2125

  1. 3,258 Posts.
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    I agree.. share price isn’t reflecting what’s happening.. but I sit here asking myself, what’s of a higher chance.. share price doubling or halving..

    Plants off.
    Plans for ingot line mothballed.
    Work force laid off (tiny skeleton crew remain)
    high debt/ bills from plant build..

    holders already well under water from last raise.
    And not a customer in sight, that’s also only an option when the plant has time to prove itself as stable and reliable.

    I understand, it sounds like down ramping but it’s how I see it .. no beer googles heat for me.
 
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