"The company's chairman, Stuart Carmichael, says in a letter to prospective investors in the prospectus that in some instances a traditional welding job which could have taken six hours can be completed in three minutes using the K-Tig Technology.Mr Carmichael, who is also a director of Swick Mining Services, said the average cost savings were between 80 to 95 per cent compared with traditional methods."
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K-TIG (KTG) - Alto Capital, page-38
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