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Technology Stocks : Molten Metal Technology
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To: Liatris Spicata who wrote (337)11/12/1997 6:19:00 PM
From: Richard N Lambert   of 421
 
Larry;

I have only stated that CEP would not work with contamination since it only ends up in the iron bath, however, the use of CEP for commerical endeavors has been proven and the technology is worthwhile. However, one must note that the MLTN has been stating that they will take their process to the customer site. This is great similar to Air Products or Union Carbide, but the money needed to built the capital to process waste at each site is quite large and returns on capital has to be measured in decades not 5-10 years.

This is why MLTN is looking for more money. They will need money to earn it. Will someone buy the techonology, maybe someone already is trying and they are trying to do it cheaply.

Rich
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