MSC 0.00% 6.4¢ minerals corporation limited

consolidation & other issues

  1. 549 Posts.
    Did anyone read their annual report.
    1 for 10 consolidation on the cards, as well as AIM listing and here's the best, a plant move to wonderful downtown Port Moresby! Just a few of the ideas bantered about in the latest from our board.

    Seems they read there was cheap gas on offer in that haven for rascals, and now they are talking about shifting the process side to take advantage of it, saying that shipping the white fluffy stuff is too expensive. Better to ship an uncalcined product in mass to PNG, where it will cooked and packaged.... Hmm Another bagging machine perhaps. Might be an idea to invest in that company.

    And then there's the issue of millions of options for the 'boys' Maybe their annual salaries are not enough and they need the 'encouragment' of options to get them to do their jobs.

    All interesting reading, but what about us poor shareholders. I suppose, we get the nice sounding words... "Cashflow positive in two years"
 
watchlist Created with Sketch. Add MSC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.