CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Daily share buy-back notice - Appendix 3E, page-13

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. 3,634 Posts.
    lightbulb Created with Sketch. 24
    http://www.investorideas.com/CO/CDII/news/2011/12081.asp

    hahahah no just  a lonely old share trader, stumbled across this stock looking at magnesium shares 3 years ago, got in around 30 cents but have now averaged down to about 14c. Wouldn't matter if i was remunerated or not it doesn't make any difference especially in this market.

    They have been through a rough patch but i think the deal with fengyan will really pay dividends contacts etc. magnesium ingot spot price remains steady at about 2200 and roskil still forecasting 7% growth, china needs fuel efficient cars, magnesium batteries are way better than lithium, so we will see what happens.

    Its all a big gamble, but give them time they have only been delayed which is nothing out of the ordinary for any company starting out these days.
 
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.