CMC 0.00% 1.1¢ china magnesium corporation limited

manipulation, page-29

  1. 3,262 Posts.
    I think we are dealing within a province that specialises in the technique and process. Low labour costs, expert skills.

    I wouldnt be concerned at all about the actual cost. Theres no doubt we might be supplying it at a low price but Id be fairly happy the margins are going to be favourable.

    Of course an increasing magnesium price will be of obvious benefit.

    The ferrosilicon aquisition when complete will lower costs considerably and something the market hasnt factored in at all.

    This time next year $1 thats all Im worried about.
 
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