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Ann: Commencement of Legal Proceedings , page-20

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    Dunno anything about the "vessel"

    Re significance of Alcoa support:

    My thinking on that is - of course they are supportive of MHM because we have "solved" their disposal problem and gotten EPA off their backs.

    But in that sense they've simply shifted their problem onto us at minimal cost to them!!!

    Until we can make a profit from it - charge them a realistic figure for solving their problem - of course they support MHM.

    But our return for doing them a favour is geared to Al price and success in selling AL80 - i.e value of treated slag.

    Being conservative, I don't think we can place much significance on Alcoa sticking by MHM.

    You'd have to expect them to take over little minnow MHM - just waiting for us to solve all probs I guess.
 
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