Jay
Extract from letter to shareholders in 2009.
The process capacity in North America is expected to be in the region of 150000 to 200000 tonnes per annum giving a potential profit margin of US$20-$30 Million dollars per annum.
Only have to triplicate Moolap Facility and potentially could be ready to go say late next year or early 2012.
Other news to Come in the next couple of months
1) Silica Pricing/Offtake
2) Annual report
3) Alcoa Visit
4) Roadshows/Broker coverage
4) Gold Project
5) Smelter news
As Far as the smelter goes if aluminium goes to plan and with expansion into US one would think it would have a good chance to get up for approval in the next year or two if we could prove to be able to fund say 25% of a JV.
Cheers
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