MSC minerals corporation limited

what have we achieved for $100 million dollars

  1. 499 Posts.
    Now Alexander states that for the first 7 years since the acquisition of SR there was no sales ; some drilling , some refurbishment of a dog of a plant which has never operated at anything close to its nominal output and all those so called approved customers . Approved by who for what remains unsaid .No sales though because Alexander could not deliver product - for paper,ceramics,rubber,polymers at a quality and price that would be viable. Also remaining unsaid is how much of the $ 100 M went into Alexanders pockets for the creation of a huge debt and massive loss of shareholders funds. Another $20 M in the last year alone.

    Now the spin man wants the market to believe that after the non performance on all the products for the first 7 years that the green deal will churn out a $ 120 M valuation for a $ 5 M float . The Oz market has already discounted Alexander .His Chinese diasphora underwriters have been taken to the cleaners now its the turn of the greenies . Note its all future conditional tense .. all smoke and mirrors with no numbers to validate any of the spinners statements
 
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Currently unlisted public company.

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