LMG 8.00% 2.7¢ latrobe magnesium limited

general discussion, page-234

  1. 16,116 Posts.
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    You scratch your head sometimes wondering when is the market going to catch up to the potential offered by various listed companies. Then out of the blue something happens and I only hope some more serious money is involved instead of the retail punter. Companies like these need traction and an explanation of what the target markets are and you can plainly see it here. But execution of the plan is another thing. The ten thousand tonne plant really is chicken feed in the context, but it will provide validation. What is even more exciting is the potential tie ups with larger overseas companies to use the tech as someone posted recently. The shortage of many elements is not going to slow down and if everyone wants, or is made, to buy electric ev's, then the future for certain companies involved looks quite rosy. The time is just about right and it is not me telling you that, its the market telling you that. The recent volatility in the SP has been ridiculously insane, but i hope todays little effort may stabilise this in some ways. I hate seeing 7.1 back to 5.2 then to 6.9 then back to 6.2. You have to have balls of magnesium instead of steel sometimes, but unless you are trading, just sit back and let management work it out.
 
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