CMC 0.00% 1.1¢ china magnesium corporation limited

This company has the ability to put 20,000 tonnes into the...

  1. 3,634 Posts.
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    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)...

    Thesimmos, they spent the same amount on purchase of raw materials and consumables......until they stop spending they won't make anything, it would be ok if they told us what they were spending it on i,m fine with it if its on expansions and acquisitions but they don't tell us anything.....

    Mate this company should be sitting around the $1.40 mark if everything comes of but the ASX market is not interested in it, we should be marketing it overseas i think....we don't have any thing related in our country for CMC...
 
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Currently unlisted public company.

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