re: Ann: Significant progress and project on ... CMC is on track...

re: Ann: Significant progress and project on ... CMC is on track to produce 20k tonnes of magnesium p.a. by the end of this year.

I noticed in the prospectus that CMC will not begin construction on the next phase to ramp up production to 105k tonnes per year over the following 2 years unless they have offtake agreements in place.

I would expect this announcement to be not too far off which would provide a huge boost to the s.p.

In 2 years earnings will be annualised at a minimum 60 cents per share. There is huge upside to this if there is the expected increase in demand.

I just keep topping up.