Combine that with a previous investor report stating:
MHM is conducting offtake discussions with three parties at various stages of development. Samples have been provided to two of these parties and the results have been highly encouraging. ! It was reported recently by the Mercury Newspaper that one Company, Wacker Chemie AG is considering development of silicon smelter in Tasmania. Whilst MHM cannot confirm or deny the rumors it can confirm that Wacker is one of the parties in discussion.! Founded in 1916, Wacker is a diversified chemicals company based in Munich, with operations in five continents and ~15,000 employees! 2008 sales of##$4.3 billion, EBITDA of #$1.05 billion! World-leader in production of silicon metals for chemical applications, silicon wafers for the semiconductor industry and a major producer of hyperpure polysilicon used in the photovoltaic solar energy market!
Decision to proceed reported to be by 14 February 2010 (Premier David Bartlett, February 2010
So Bartlett has been involved in some way with MHM previously, perhaps the decision to proceed by Bartlett is a goer, a little over due though?
MHM Price at posting:
$1.14 Sentiment: LT Buy Disclosure: Held
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