cloudnine, they are trying to get interest in this and are going to run promotional ads. Some will appear this week I believe in newspapers. It will run along the lines of "ACC owns long life mining lease and a modern stainless steel processing plant in Skardon River, Northern Queensland. Within the last 12 months, ACC has re-defined itself as a predominantly “Green Products” company, with its leading product being Kaocem, (a Kaolin based Cement Product).
ACC has signed a number of Heads of Agreements with leading
cement companies in Europe and USA and is now in roll out
stage with this new product. Regular production of this product will commence soon in New South Wales to be followed by the other eastern States and New Zealand in Q1 2009."
Face value of $1.00 each
· Redeemable after 5 years at the face value
· Convertible into Ordinary Shares on 30 September 2009.
Four Preference Shares may be converted to three Ordinary
Shares at $1.00 per Ordinary Share fixed price.
· Issue price of $0.75 each with minimum subscription of
4,000 shares ($3,000)
· $5 million underwritten by Sonray, AFSL 316880
as I said in earlier posts I'm new to MSC and am trying to get as much info as I can before I buy in if at all...cheers...Uncle.
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