CMC 0.00% 1.1¢ china magnesium corporation limited

re: Ann: Change of Director's Interest No... Dietzr,Understand...

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    re: Ann: Change of Director's Interest No... Dietzr,

    Understand your comments and had read report.

    My interpretation is that if they had a strong order book the working capital facility would have been rubber stamped quickly and hence production scaled up. The real problem is the lack of demand for their product and this is seen in the growth in working capital over the various periods.

    I hope they have positive developments on this front in the near future and then the stock can run.

    IMHO DYOR etc
 
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