They were to be producing 120,000 tpa of Mg alloy by 2012 according to their prospectus, their claims, and a number of broker reports. All these have been removed from their website.
The only "revenue" ever,as far as I could tell, was some turnover in the trading desk..no profit.
I prefer to read Aesop's Fables than their announcements about production.
What is a desktop review?
Looking at a school atlas in an office and circling an area somewhat near an existing lithium discovery?
CMC Price at posting:
3.5¢ Sentiment: None Disclosure: Held
