meretec buy out, page-4

Hi Mr D,

Current CMV relationship with Meretec is that CMV have two plants ramping up to full capacity...one in Australia & one in USA....Plants are both capable of producing around 2000tonnes Zinc & 120000 tonnes meltstock (Iron) per year (From memory)....With scrap & Zinc prices rising ....Meretec is going to be very good for CMV.....Green appeal also....

CMV (Mr Roe & Southern) have done very well to pull off this deal & will be very good for the bottom line especially when (if) carbon credits arise.....80c per share....A steal for CMV & Meretec can obviously see the value in CMV.Look for more plants arising in the future Aust, Eng, Usa...Asia ?

CMV have other strings to their bow....have a look at annouuncements over the past few months.....March was a large month....profits growing along with regular divvies....

Cheap at the mo & the market will wake up one day....

Luck to ya.