MSC minerals corporation limited

exclusive supply contract signed for high grow

  1. 115 Posts.
    STOCK EXCHANGE ANNOUNCEMENT
    AUSTRALIAN CHINA CLAYS
    “Green Cement Products”
    Exclusive Supply Contract Signed
    for High Growth Middle East Markets
    Minerals Corporation is pleased to announce the signing of a 5 year renewable
    exclusive supply agreement for the very high growth Middle East markets of Saudi
    Arabia, Kuwait, Bahrain, Qatar, United Arab Emirates and Oman. In spite of subdued
    growth expectations in major global construction markets, these rapidly developing
    concrete product markets are forecast to grow by 40% in volume within 5 years. The
    UAE Masdar new “green city” project alone is budgeted at US$22 billion. We are
    cautiously confident of winning an attractive proportion of business in the various
    cement sectors in this region and are in dialogue with a number of interested target
    customers.
    C V Alexander
    Managing Director
    .
    .
    Vic, how about providing an update on this particular announcement which was made some time ago?
    What happened to the "we are in dialogue with a number of interested target customers."? Yet again, where are the sales' figures.
    There has been a long, long history of Vic putting out announcements concerning various immediate and pending large volumne contract signing and wild sales forcasts, but as it stands there has NEVER EVER been any follow-up announcement by him on the outcome of these claims.
    Now is time for him to repent like BERNARD Madoff did and admit msc has just been one big con on his part.

 
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