Hi Captain4444, CMC already started producing earlier last year...

Hi Captain4444, CMC already started producing earlier last year at the rate of 5000 tonnes p.a. The price at the gate could be significantly less than the market price being sold in China to Chinese co's which is common practice for all commodities produced and sold in China. That's why I want to know.

Those broker reports are outdated. Since then prices have more than likely dropped like all commodity prices have and costs increased.

The last quarterly shows sales.

Most quarterlies of mining sector companies show a lot more detail than what we were given.

Overll, CMC looks very promising but it's good to be cynical particularly as Directors tried to issue " greed" options a few months ago which were later canned. That was a concern also.