far north abc radio this morning , page-18

Hey Lockitt,

What worries you about the shipment going to USA?

You don't believe them?
MSC have cried wolf plenty of times previously.
To me that is the real opportunity for a serious re-rating as virtually no-one believes MSC.

The USA company is CRH and their market cap is about $20 billion AUD. See MSC announcement on 23rd Nov 2009.
Apparently, John Baines has gone to USA to overseer CRH's first major production run.

If you live in Sydney, have a drive down to Appin and look at the size of Baines storage yard (just south of Appin on the left).

The Chinese group arrived in Australia on 4th Jan so we should get some news on this soon.
Also, there is supposed to be news on an Australian customer soon. See MSC announcement on 18th Dec 2009.

To me, the last major hurdle is the ipo for ACC.

Also, note that current and past directors in MSC and ACC have bought shares in Rights issue.

MSC directors have previously said that they will not consolidate shares until they have news to support the share price.

By my reckoning, we do not have much longer to wait.