One other item I neglected to mention is Possehl Erzkontor GmbH & Co. KG is a distributor / processor and not an end user or customer as they will present BSM products as an agent for BSM to potential customers. I would assume, from my prior experiences, the 3,000 MT per annum are contingent on successful qualifications of graphite products to refractories or foundry...crucibles are more complicated and is not cut and dry as standard mesh graphite products. The sales agreement would not be take or pay, but a contingency sales agreement.
And it will take a couple of years to reach the 3,000 MT per annum level...keep in mind the competition is not going to lay down and just let a new entrant take business.
Ann: Bass signs Sales Agreement for 50% of Stage 1 Production, page-51
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