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