hot tip, page-13

The consensus seems to be $7-10m profit at full capacity which they are yet to reach. QMG are an opportunistic play taking advantage of a sad story for western Magnesium players of whom almost all have gone bust.

What I like about them is the no debt structure...keep the banks out of it.

The exec chairman has just forked out $2m+ at 35c and from their production base in China are in the world lowest cost bracket with first mover advantage.

The main risk is mag metal supply disruptions.