CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Memorandum of Understanding - Placement , page-13

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  1. 963 Posts.
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    Can only be one of about 8 shareholders with that volume.
    Unlikely to be a director...more likely one of the other major holders fed up with the lack of any information coming from the board, either on production status or any strategic plan..unlike what was extensively proclaimed in the prospectus.
    The board cant even commit to the likely timing of the FeSi settlement, or even the timing of construction of Phase II of the Mg plant...which was the principal upside.
 
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