CMC 0.00% 1.1¢ china magnesium corporation limited

new low, page-5

  1. 963 Posts.
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    nobananas.
    "dividends"
    There is no way on this earth they will pay dividends for many years.Talk of divs is crap.
    Any profits will be needed to build the Phase II and III.
    Phase II about $17m much more for III. I cant be bothered going through the files.
    I think all outside investors have lost faith, and now selling for what they can get.
    They are not fit to run a public company.The prospectus was full of lies.
    Yes...one last chance to communicate what the hell they are doing. They cant even update their web site with plans.
    They still claim to be building the plant to 55k tpa by the end of 2012...hello!!!
 
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