reckon so as their recent cap raising investors is based over...

reckon so as their recent cap raising investors is based over there and its
Somerley's preferred market. Listing in HKG would comfort the Chinese
investors and save them the currency hassle. No doubt the stock would
benefit from more turn over which as a production entity HKG would
provide. Also the way CMC is reporting clearly tells me ASX is not their
main focus except to list.
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Your right to question if the initial costs projects is still valid, I suspect
they are otherwise CMC couldnt raise money with such premiums, and
continuously.