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Fortress Global Enterprises Inc - Class A FTPLF

Forest Products Lumber & Wood Production
Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Fortress Global Enterprises Inc - Class A
Bullboard Posts
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Comment by Nighthawk40on Jun 24, 2012 11:00pm
311 Views
Post# 20049970

RE: RE: RE: RE: LSQ Deal Closed in Escrow

RE: RE: RE: RE: LSQ Deal Closed in Escrow

 FTP has learned from its Thurso Mill cogen miscalculation and LSQ is anticipated to deliver on the 34 megawatts cogen and 250,000 ADMT of DP.

We will know by mid August or sooner the operating efficiency of the Thurso Mill. Chad has indicated that the quality of DP is good. As such it may command a higher price on the market than its competitors.

The purchase of the LSQ Mill is a positive sign that the original business model is still valid.

The potential of having (2) top tier mills producing in total 450,000 ADMT of DP in approx. 2 years is worth the wait.

Cheers,

Nighthawk40

 

 

 

 

 

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