GREY:EORBF - Post by User
Comment by
marcm711on Oct 20, 2015 5:13pm
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Post# 24210432
RE:RE:RE:RE:RE:RE:RE:RE:ORT unable to protect their technology?
RE:RE:RE:RE:RE:RE:RE:RE:ORT unable to protect their technology?westock, all I could find is this bit written by James West in his news letter "The Midas Letter" that indicates no deal was finalized. I dont see anything from Orbite about it.
Rusal Deal Collapse
Finally, the company was forced to abandon the Memorandum of Understanding that had largely buoyed the share price’s original push over $3, which was the company’s developing plan to build a smelter in Qubec with United Company Rusal GDR (EPA:RUSAL). Rusal, the world’s biggest aluminium producer, and Orbite were eyeing a joint venture to produce alumina from poor quality ore in which Rusal was to invest $25 million.
https://www.midasletter.com/2014/07/orbite-aluminae-reverses-long-term-slump/