CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Change of Director's Interest Notice - X, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 198 Posts.
    lightbulb Created with Sketch. 26
    re: Ann: Change of Director's Interest No... With the money spent I want to buy this stock but my concern is the lack of sales every quarter.

    Management seems to have delivered on plant, vertical integration etc etc. but auto industry on its knees and use of magnesium has been delayed. China is great at delivering plants that are moth balled because no off take agreement.

    Build it and they will come just isn't a reality.

    Unfortunately they will be forced to keep producing to ensure plant dynamics and cash will be sucked into working capital. No ones fault but there needs to be announcement of buyer of significant proportion of production.

    This stock will rocket if sales agreement announced, otherwise beware.

    As always DYOR and IMHO.
 
watchlist Created with Sketch. Add CMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.