This company has the ability to put 20,000 tonnes into the market along with its other diversified investments. - The directors report at the end of 2015 indicated that the company had revenue of just under $20 million however had a net loss of $3.5 million. (I am assuming these are in AUD)
The magnesium business has the potential to provide a gross annual income of just under $54 million AUD and any income from their other incomes streams would be a bonus.
Even if they only received 1/2 of the income from magnesium and continued with the growth of their other assets they would still be in the vicinity of $50 million AUD per annum. - that is 16 times the current market cap.
CMC Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held