CMC 0.00% 1.1¢ china magnesium corporation limited

They have 4.5 mill in cash why didnt they use it to start...

  1. gmc
    451 Posts.
    They have 4.5 mill in cash why didnt they use it to start production rather than sit on their hands for 6 mths. If you think the placement will be done at 35c your more optomistic than me. Why are we buying a ferrosilican plant when we cant fund Phase 1? What about Phase 2,3 etc. Why has due dilligence taken 15 mths and counting. As you can tell Im over it.
    Good luck

    gmc
 
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