I was in this for a few years, unbelievable lack of communication, clarity and direction from management, they had so many business mergers and agreements etc with no reward.
They spent so much time and money fixing a plant with conversions and retro-fits but never produce anything and don't appear to be held accountable!!!... I feel for the long termers here, so disappointing being lead by a bunch of clowns!
I can't believe they still claim to have anything to do with Magnesium.
Lets not forget that marvellous idea for a trading desk, one trade for around $10-$20m and then nothing, looks very much like washing money to me!
Then the buybacks to soak up all the share registry, more on-market buying by directors, IMO this whole thing stinks!
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