" over 12 months after the MHM board forescast firstly 14m then later 8m"
you put up false information again.
first, they never change the forecast from $14m to $8m, it is always $14m when Geelong plant operates in full capacity.
"Project has anticipated gross revenues at full capacity of $19m per annum with net profit if $14m per annum"
MHM raises $3.0M to pursue project acquisition
announcement before that
"Net income from 60,000 tonne per annum Australian aluminium project is expected to be $5.0 million per annum rising to $8.0 million by 2011 and continuing forward."
Company Progress and Development Update
announcement after that
"Alreco will receive 60% of the EBIT profits from the Alcoa processing contract"
Processing Agreement with Alcoa
still on my ignore list
government grants and incentives, page-44
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