Some pleasently informative chat on on here from vayama /dct I also held this once, am weary of it as would like to see how it stacks up compared to present Mg alloy producers. Being in China close to the raw material must help and a domestic automotive industry that expanded 35% last year also helps. As mentioned potential pe is rather low unless mg alloy price climbs. Also how good is their product? Blue sky is if General motors type company buys in. Will look again after cap raising
QMG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held