Oh dear, they just cannot get this process to run smoothly, always a quarter away from steady state (more than a year now). SIMs have packed up their bat and ball, future cloudy, Alcoa is dangling a sword, why wouldn't they just change their contract to make MHM unprofitable the moment they get the process working (if they ever do) then buy the lot on the cheap from the liquidators. It's clear that MHM can't survive without Alcoa giving over the odds tolling fees and they won't be able to raise funds for the US alone.
Still not ready to get back aboard, still not sure they'll get the process running, and worse still even if they do there's no business reason that they won't be screwed by their pay master.
MHM Price at posting:
6.0¢ Sentiment: None Disclosure: Not Held
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