GREY:EORBF - Post by User
Post by
scramblin8manon Jun 27, 2012 2:55pm
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Post# 20060763
Nalco MOU
Nalco MOU This announcement is huge. While there is more work to do Nalco would not have signed an MOU without doing considerable due dilligence. In my estimation the potential profit from processing the red muds on a global basis is even better than the potential profit from processing virgin clays.
As to the demand for aluminum and all the Orbite prduced by products I have spent time on the ground in Asia and what is striking is the amount of aluminum used. Fuel economy, emissions, appearance and corrosion are huge considerations in Asian economies. One would think that aluminum would not replace steel in developing economies but that is not the case. If you want to invest in the Asian economy you want to be in steel, aluminum or concrete. These are the 3 pillars of the Asian economy - forget all the sexy things everyone talks about with regard to Asia. As well the price for titanium oxide is predicted to double over the next few years so that is a valuable product (as well as the ree's and rm's) produced in large quantity from the red mud.
Orbite is an amazing opportunity for Canadian investors to efficiently invest in the fastest growing economies in the world. While there are still many risks - in my life time I have never seen an investment opportunity with the potential of Orbite. The value assigned to Orbite in the PEA is a drop in the bucket compared to the potential value. The current share price is very telling as to how bad the global investment sentiment is. Orbite management has done a pretty good job so far but the task ahead will require a different skill set. So we wait to see if Orbite management is up to the task. We also hope our patents are bulletproof as they will be tested. The stakes are enormous.