CMC
a quick summary...
-China-based magnesium producer.
-SP (25c) Mcap ~$30m.
-Ex-MHM director buying big
-Three phase expansion to 105,000tpa.
-First phase completed by Jan 2012 (20,000tpa)
-$800 per tonne operating margin
-Preferred Project status in china
-China based management ticking all boxes
-Agreements to sell product to local companies
-Top 20 hold 64%
-Recent placement at significant premium
-Set to be world 2nd largest Mg production plant
-Acquisition of ferrosilican producer - crazy cheap
-Target price $1.04 @ 20,000tpa. ??? @ 105,000tpa
- Forums
- ASX - General
- one (1) must have stock for 2012
one (1) must have stock for 2012, page-37
-
- There are more pages in this discussion • 141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online