re: rick3
The original date for the opening of the plant was around June 2003. This has drifted back to around end 2003.
There will the capacity to produce about $25 million of product at the forecast price of $1 million/tonne.
Approvals to market have be granted by SA & NZ.
At this stage there are confirmed orders for 5% of production and letters of intent for around 20% of production.
Based on the original date of mid 2003 for production one would have assumed that as a separate activity the planning and marketing for the approvals/orders for 25 tonnes of product would have been co-ordinated to be in place by mid 2003.
We are now into July and no information on approvals/orders has been seen this year. Not to say this is a problem but it is a missing part of the CMQ story.
CMQ Price at posting:
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