The process does work, they were operating at 600t per week with the current filter. New filter is expected to increase throughput to at least 1000t per week.
Profitability should improve with giving Franks business the flick, improved throughput, and hopefully a re-negotiated contract with our client.
I'm guessing that Alcoa will help get MHM over the line in regards to profitability/margins, etc. Alcoa need MHM as much as MHM need Alcoa.
Butchy.
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53.5¢ |
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Mkt cap ! $282.1M | |||
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