QMG quay magnesium limited

good luck QMG has the potential to supply the mag alloy for 10%...

  1. 35,695 Posts.
    lightbulb Created with Sketch. 2329
    good luck QMG has the potential to supply the mag alloy for 10% of the world market. If you think of every 10th mag wheel which you see going down the road, coming from QMG feed stock then the company has huge upside considering a market cap of around $25 Million.

    only trouble is other companies in China are starting to improve quality real fast and have cheaper raw material and dont have to pay the big sallaries QMG have.
    I see another placement announcement today.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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