Share price forecast, page-171

6.2 cents! Now this is just getting plain silly.

Part of the share price slide is due to general market sentiment - a lot of small cap stocks have been getting hammered lately

Part of it is impatience and uncertainty due to the delays with the demonstration plant.

And some of it may be due to drop in the price of magnesium although the current magnesium price is almost irrelevant due to the high price of the off take agreements and the face that the production of magnesium in significant commercial quantities is still a couple of years away.

So the current share price slide has more to do with psychology than anything tangible imo.

The fundamentals and the growth story remain unchanged and eventually LMG will get the market capitalisation it deserves.

Those that can keep their heads and strategically accumulate a large holding will ultimately prosper.

All imho etc


Jasp