well there you go -trouble with funding outside of there control but should be sorted on 4th march so they can fully ramp up..
-ferro silicon delayed but still seems as if its going to happen they only doing due dillegence on it still might be a little risk maybe?
-international trading desk been trying to look it up and see excactly what it means? anyone know?
- still a bit worried about the placememnt taking so long!!
-well a bit of more waiting but very interested in seeing what other downstream oportunities they are looking at...they got the land sorted so there must be some stuff in the pipe line....i asked them about this comapny ages ago and go no reply they have been in trouble for a while now read the first paragraph about australian and chinease company...
The nine months since Quay Magnesium Limited’s (Quay) last news release have been testing for the company and its officers. Quay’s last update to the market was released on 31 May 2012 and at that time the company was still trying to find a new investor so that the liquidation process that had been initiated could be reversed. At the time discussions were being held with an Australian / Chinese joint venture group but unfortunately nothing eventuated...
anyway for all my rumblings i think i will ease it up a bit and give them the benifit of the doubt it seems they are busy in the background if all goes well this should be a good year.. i the information flow is not going to change much so i,m going to have to get used to it but if they keep doing what they say it should go well..
good luck
CMC Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
