ann on way?, page-4

I have to agree EXCEPT....

The acid regen for the plant at Newcastle whilst is a feather in their cap and without doubt will generate funds is not in essence a fundamental part of the process that will make us all wealthy.

That comes with the ERMS (which is a couple of years away) and with the feedstock (briquettes) for the steel industry saving the steel company around 15% of otherwise wasted product.

Albeit a deal with one steel compay at Newcastle will add a few cents taking the SP to around 10c plus the real prize will be with an international steel company that will use the process and convert waste to briquettes to use in the arc furnaces.

The bad news is APG dont have a deal with a company like this but the good news is that the APG has indicated that approaches have been made and one is progressing very well.

So....Of course one deal with one steel company for acid will be nice but not an essential part of the bigger picture.