Hi Jay,
The Vic Plant runs at a profit of $8.6m at completion. Part of the Revenue stream is part of the waste is turned into a product called NMP.
The NMP is half aluminium metal. There is currently no way extract the Aluminium out of the NMP. MHM have the rights to the technology that CAN do this.
If this NMP tech (which is different to the upgrade), can be implemented, MHM can make an ADDITIONAL $50m from the Vic plant (or an additional plant).
I'm not 100% sure on the NMP implementation plan, hence why I asked the question.
Hi Jay,The Vic Plant runs at a profit of $8.6m at completion....
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