Thank you Rick for taking the time and effort to contact David...

Thank you Rick for taking the time and effort to contact David Paterson and clarify the situation. Hopefully this will put to bed some of the ridiculous baseless rumours of doom and gloom that have been written on this forum in the past week or so. It was even mentioned that LMG don’t have any buyers?! This is despite LMG management clearly starting multiple times over the last 18 months or so that LMG have an agreement with US Metals Exchange to fully distribute all 10,000 tons of magnesium that will be produced in Stage 2. There is rising worldwide demand for magnesium and the byproducts. Magnesium is on the Critical Minerals list and is an essential part of auto manufacturing as well as in the aerospace, power tool and mobile phone industries. Selling the products will be the least of LMG’s problems in my opinion