massive upside in the nmp technology

Whilst we have talked about the upside potential of the US plants and the global opportunities, we recently haven't really talked about the NMP (Non-Metallic Product) technology.

I have been thinking (as you do at 3am), that the NMP tech alone is worth many times the current share price.

A quote from the OZEquities report....

"Exclusive rights to technology for conversion of aluminium oxide residue MHM has also acquired the exclusive rights to a technology under development for the conversion of the aluminium oxide residue from the Salt Slag technology into aluminium metal.

In Australia over 50,000 tonnes per annum of NMP is produced, which would produce nearly 25,000 tonnes of aluminium metal with a value of $50 million at today's prices.

The US produces ten times that volume."

We don't know the profit margins of a NMP Project, but it would probably be fair to assume a margin of about 50%. An additional $25M profit coming out of the Victorian Plant would see the Vic Plants fair value jump to over $3 a share alone. Add in the 10 times volume out of the US, and you can see the huge upside in the tech.

Whilst we have talked about this is the past, has anyone had anymore recent conversation with MHM when we might expect the NMP tech to be implemented at the Vic Plant?