I wouldn't believe all the hype that is being put out by MSC. I...

I wouldn't believe all the hype that is being put out by MSC. I know a couple of people in Cairns that work at their site and they claim otherwise. Plant equipment doesn't work, their ore is pretty terrible and they have been going for 2 years but haven't been able to produce any product that is suitable for the market. They claim their plant is worth A$92M but the neighboring Comalco plant which was much bigger sold recently for less than $2M. You will note that there is nothing concrete in their press releases, just promises. Looks like they will go the way of their predecesors - Australian Kaolin Limited.

Ask the Fat Prophets how much of their own money they are putting into this. Bet you it will be none. So hang on to yours and do some of your own research before plunging in.