Saw this article on *.com re EcoMag, a new company which...

Saw this article on *.com re EcoMag, a new company which will now go private before listing later this year, ….. link for pasting in browser is https://unauthorised investment adv...s-postponed-its-asx-ipo-to-later-in-the-year/

Seems they are lining up eager private investors. Now it seems to me given their technology is to extract Magnesium from seawater to produce hydrated magnesium carbonate then there must be a market opportunity that so far we have not been able to secure. Here we are sitting on a sheetload of the stuff, proven resource, infrastructure around, cheap to extract, and all we have to do is dig it up and put on a truck to Darwin Port, not far away. Am really hoping we get things moving along soon. There is always a buyer at an attractive price point, I would rather we get 50% of something than 100% of nothing.