well I,m still down on my original average which was about 30c..had another crack at around 4 to get my average down to 20c....
very stoked today..the stars are aligning, as much as I have complained about these guys I think I need to calm down a bit. It has been dragging on, but they seem to be hitting the mark, it would be hard doing business over there very different to our developed nations. The reason I brought this was simple. - magnesium is going to be a very important metal now and in the future.
-Ive been in the construction industry for a while and not just in Australia ( Africa) and I get the feeling we have seen the best days for our country in mining.
- There is so much minerals in other countries, that are becoming more appealing than say 40 years ago, these countires are sorting out there political differences the political risk is dropping.
-China is moving to a more sophisticated economy Boeing and the like are moving in and they have a lot of growth to go.
-I did read somewere that America whish they had the same political power as the POC , no arguing, etc they have a lot more control and can make things happen quick.
-China the biggest magnesium producer in the world small oz company having a crack over there, why not something different!!!!!!!!
anyway I,m quietly chuffed today...
Good luck everyone
CMC Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held