It may have something to do with them becoming more vertically integrated - ie purchasing of another input into making magnesium like the dolomite acquisition. This would be a real bonus. Personally I am out of this stock until Tom can prove his margins and show us the hard figures. We don't even know how many tonnes have been produced. We are running blind. His AGM presentation was just a bunch of pictures. Anyway, we'll wait and see what comes of this. She is tightly held so when she goes, she'll go.
CMC Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held
