They produce the most and require the most, thats been known for ages.
This of course means we are dictated to by the Chinese and this can become a risk for this stock.
I hold and will buy regardless because its simply undervalued.
Ferrosilicon, Dolomite are only 2 announcements to expect from this in next few months. Perhaps we will get an update about progress towards Phase 1 start up.
Sit back and relax, those who have sold became nervous and dont have the true long term vision that this one warrants.
By 2014 Im thinking dividends and SP well above $1.
CMC Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held