Hi TC,
Top post, you certainly seem to have your head around the NMP. A quick question, Are you able to explain the following into your calculations from investor presentation from 29/1/10,
"NMP processing
MHM to acquire the exclusive rights to a technology under development for the conversion of NMP into aluminium metal.
In Australia, over 50,000 tpa of NMP is produced, which would produce nearly 25,000 tonnes of aluminium metal with a value of $50.0M at today?s prices.
USA produces 10 times the volume of NMP produced by Australia."
I was wondering if the 50,000 tpa NMP is seperate to what we will produce or if the 30% that we will produce will be included in that 50,000 tpa?
It seems as though that figure is more than what we would be able to produce on our own, thus making our NMP technology even more profitable than you allude to.
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