"hotty I think you'll find in this market as with a lot of co's at the moment our share price won't rocket until the mystery company has seen the plant operational and has signed the actual contract and MHM signs off on construction with whatever funding / incentives can be squeezed out of the US govt."
I'm not 100% sure on this but according to June quarterly report that they said
"Salt slag supply contract negotiations
MHM is advancing contract negotiations, with draft terms, conditions and pricing being circulated and finalised.
MHM is hoping that the first of the contract(s) may be signed by the end of August 2011, and has recently hosted a number of potential US salt slag suppliers for site visits in Geelong."
to me it looks like that US aluminium company has visited to Geelong plant during June quarter, and now they just want to see how good is Geelong plant after the last upgrade during September quarter, imo.
"hotty I think you'll find in this market as with a lot of co's...
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Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $248.3M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 49.5¢ | 47.0¢ | $446.3K | 934.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15304 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 51204 | 2 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| VYS (ASX) Chart |