One thing that hasn't been discussed is that the time line has shifted again. BM said that we should have production in the September quarter next year.There was a slight uncertainty in this so it may be the quarter after that - a nice Christmas 21 pressie.
Another item, almost aside, was that the plants will be tuned to one product. Whichever customer or customers committed first to a particular product and quantity at the required price would determine what the plant produced. I assume that there will be some sort of auction between parties for what the AN plant can produce and the highest price at the required tonnes commitment will drive the plant. There was no discussion about how practical it would be to switch between products at a plant or whether it required a major reconfiguration of the screens and such like.
VRX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
