Ann: BMM Ispat Purchase Order Now Received, page-37

  1. 3,284 Posts.
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    I think people may be misreading this announcement guys.

    The PO received is for the 500t 57% product to be fed into the kiln as part of the production scale test. Money for this order will then be paid after a week.

    If you read very carefully in the context of what they are doing atm, its not for the full 200,000 tonnes.

    An awesome step, but not worth $10 million yet.

    Once other purchase orders follow, we will start to see that $10 million unlock at up to 7000t per month.
 
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