VYS 2.38% 41.0¢ vysarn limited

governor's calendar, page-10

  1. 5,980 Posts.
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    Aleris and Chapter 11 is my exact point magixx

    Many far more experienced that this board , and far more cashed up have already failed to make a go of this part of the al industry

    This includes Simsmetal , and MHM , with their failing in their treatment of the landfill in the USA and achieving the forecasts they made in 2010 and again in 2011 .

    MHM should have in my opinion got Geelong churning out the $8m odd free cash flow , then progressed the silcan business to the point it was ready for trade ssale then with cash in the can , and good cash flow they could of gone to the states with a much better balance sheet and far less mistakes so public.

    Granted the the shares have given you all a great ride and made an excellent profit and this may contuinue , but until I see it in the financials I for one completely un convinced .




 
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