"Management are confident of soon securing an additional significant US supply contract. It is important to note that timeframes for finalising the contract are determined by the other party, and that MHM management is doing everything it can to cement the deal. Management appreciates that this contract will be an important milestone not only for our shareholders but also as a precursor to complete financing of the Russellville facility. "
Let's say that again... "a precursor to complete financing of the Russellville facility."
Now the contract is completed AND we have been told there will be a media circus to celebrate the deal which will no doubt get a lot of press in the al and recycling industry. Sounds like financing wont be to far behind either.
MHM Price at posting:
55.5¢ Sentiment: LT Buy Disclosure: Held
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