MHM Metals (MHM)
Share on issued
MHM 103,033,736
MHMO 25,069,434
unlisted ops 8,871,225
market cap. $92m as at 20/12/2011, cash on hand $7.5m as at 30/9/2011
investment backing:
Aluminium salt slag/dross recycling (infinite return)
aluminium salt slag recycling plant in Geelong Australia (treat all salt slag produced in Australia, should be able to generate $8.5m ebit from Q1 next year)
first US recycling plant expect to begin operation Q1 2013, with annual capacity of 250ktpa or 25% of total US salt slag p.a. (total US salt slag=40x total Aus slat slag). Plant construction cost around $25m, government support ~$1m, high probability of debt financing for first US plant, but would do a c/r if to build two US plant at the same time.
(note1: three US supply contracts signed*) *condition apply
(note2: pilot plant for other tech. SPL will be implemented in first US plant)
- Forums
- ASX - General
- one (1) must have stock for 2012
one (1) must have stock for 2012, page-2
-
-
- There are more pages in this discussion • 176 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)