I have been involved with this stock since the Stanhope days and...

I have been involved with this stock since the Stanhope days and enjoyed the promise of this stock along with the QLD government subsidy - cash back offers do not come along every day.

The recent acquisition of Magontec from SMM is a continuation of the strategy to becoming vertically integrated into the magnesium sector and to now leapfrog into #2 world ranking is "brrrrrillliant". I am on board for more stock and suport the SPP.

The SPP places a floor under the stock at $0.06 and is prudently addressing the puchase price residual for the acquisition without diluting the stock. 50 million shares only.

The board and management need to ensure that the legacy issues are addressed but based on their outcomes since 2009, I have no doubt that these will be taken car of appropriately. The team has added $95M sales to the company and acquired an experienced team of staff in Magontec. Scale and skills in one clean swoop - spells bargain, bargain, bargain.