VYS 1.69% 29.0¢ vysarn limited

Well picked up Erichmj and that probably gives some hints as to...

  1. 864 Posts.
    Well picked up Erichmj and that probably gives some hints as to when they reached full operating capacity. (It would be better not to have to guess these things!)

    But it's definite, given that operating costs aren't expected to rise, that this contract will significantly add to the bottom line as soon as payments start being received.

    Making the assumptions that the $1.2m owed to MHM was incurred with the plant at less than full capacity and that AL80 revenue will start to bring in additional dollars between $1-$1.5m per quarter, so $4-6m per year AND landfill has not been accessed yet, all the signs point to MHM being as profitable as hoped for.

    That makes the news of a 2nd Nth American plant already being discussed, with the potential for more, unbelievably exciting.

    There were so many positive aspects to the update that it's hard to know where to begin.

    here are a couple that haven't been discussed in much detail:

    Government support


    MHM is positively engaged with the Tennessee state and local governments regarding concessions and
    incentives for salt slag recycling. MHM has general terms of a financial support package, however the final
    details will depend on site selection. A detailed overview of the incentives and concessions available to MHM
    will be provided after this time.

    So it doesn't look like government help is a "maybe"

  2. Permitting and engineering consultants have commenced project planning activities.
    That's commenced. It doesn't look like the project is a maybe either.

    And relevant to the never ending claims that a CR is a certainty and that those suggesting it know best
  3. Preliminary discussions with parties regarding non-dilutionary financing mechanisms

    That's in combination with concessions and grants.

    One of the unfortunate aspects of this stock is that you generally need to know a lot about it to see the value in developments, but recent ones such as the move of John Pugh, the AL80 contract and as pointed out by another poster, the fact that they had agreed purchase price and finalised terms for land, which they wouldn't have been doing without certainty of the need to build a plant, demonstrate that this company is way into the downhill stretch and only a short time away from very big things.
 
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