TEK 0.00% 12.0¢ thorney technologies ltd

cheers i also like the fact that they are talking to other...

  1. 2,102 Posts.
    cheers

    i also like the fact that they are talking to other parties.

    "The pricing mechanism contained in the Term Sheet is in line with recent
    announcements by ARF to move towards the production of biodiesel on a “cost plus”
    basis. ARF is currently in negotiation with other parties for the production and supply
    of biodiesel on similar terms."


    So if this deal with Fortscue or BHP (who ever it is) pulls through we will have the added bonus of those other parties on board. The fortscue deal could be worth 0.30 cents to ARW the other parties could add another 0.15 cents. We could be looking at 0.45 cents near term.

    Come on ARW release something!!!


 
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