MSC minerals corporation limited

I have been expecting an announcement for several days now but...

  1. 374 Posts.
    I have been expecting an announcement for several days now but I'm reasonably sure it will be by the end of this week. They will have to tell us how their o/s trip went, unless of course nothing was achieved. I think this is highly unlikely. Judging by the sp performance over the last several days something constructive did happen and ATM the sp is holding up at 4.7c. Still poor but a lot better than a week ago. I'm checking the market continually until the w/end looking for that announcement. I expect it to announce production in China at the end of April and give us figures on production levels. In doing so we can calculate earnings at $150/t for kaocem. We can also assume a very high profit margin. With an earnings figure and a PE of 20 for a growth stock we will be able to calculate a theoretical figure for MSC and then probably apply a 50% discount for it being MSC. We can then come up with a realistic sp for MSC.
 
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