MSC 0.00% 6.4¢ minerals corporation limited

report is out, page-3

  1. 284 Posts.
    lightbulb Created with Sketch. 1
    blackjack,

    Any basis for the crystal ball prediction?

    The MSC crystal ball has for a long time predicted great things but they never materialise.

    That being said todays announcement did contian some positive language such as:

    'rapidly expanding into several thousand tonnes of confirmed future orders.'

    'As announced recently, Skardon River Kaolin is in discussion with a number of prospective buyers that we anticipate will provide for numerous thousands of tonnes of future sales. Of these, approximately 40 new accounts are significant kaolin consumers.'

    'A production run has commenced near quarter end in order to meet increasing orders.'

    I won't be convinced until I see revenue hitting the bottom line.

    We have around 3 months until the 2007 annual results are released so we probably won't see anything until then.

    What do others make of this?

 
watchlist Created with Sketch. Add MSC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.