Forum Archive Index - February 2004

["Kerry Dobson" <croca@ozemail.com.au>]

Cris

 

I wouldn't be too quick to writeoff AUM's copper sulphate retrieval process.

 

This from ASX 245087 (24/09/03):

Due to the excellent quality of the copper sulphate pentahydrate crystals being

produced by the new technology, the Company is developing a value adding strategy,

utilizing the AUM SX Column Technology, of converting copper sulphate to a

fungicide for sale into the Australian Domestic Copper Fungicide packaging market.

Product for this market is currently sourced solely from overseas. The total import of

the packaged domestic market is $39 million per year for duty purposes prior to taxes

and retail markup. This does not include the commercial bulk agriculture market,

which is far greater."

Disc: AUMOAs taken out on the recent spike for a 50% profit

 - not bad for a 40 day hold.

Best wishes, Newz.