I guess with many companies that are running with a MC below 100million and are at the start up stage its about what do you believe.
Its about are they achieving as they set out to do.
I understand much to do with CMC. I was completely aware of all the points you mention and went beyond research reports for making my investment.
I believe the new regulations in regards to magnesium production as well as preferred project status give CMC if not an edge then definitely a chance in China.
Of course being a savy investor that you seem to be, you would wait for confirmation of numbers before investing rather then complain about it.
I dont complain because I have trust in this company achieving. If they don't then thats my mistake and the risks you run with dealing with a start up company with a low MC.
I've weighed up my options and invested with confidence. You seem to have weighed up your research and invested with no confidence.
So all your research comments aside (to be fair quite patronising from you) who has invested for the right reasons?
CMC Price at posting:
30.5¢ Sentiment: LT Buy Disclosure: Held