Ben,
Correct...Lackawanna has 10 year supply agreements with two firms. From most recent 20-F, p.,16: "International Waste Removal and Tomasello Contraction, both New York corporations, have each agreed to supply 80,000 tons per year of acceptable waste wood (for a total of 160,000 tons per year) or, if less, approximately 50% of the Lackawanna facility's requirements, at a price of $9.80 per ton. Each wood supplier has agreed to supply a maximum of 120,000 tons per year of additional waste wood to the Lackawanna Facility if requested by CanFibre of Lackawanna."
Like to hear "this spring" as the start-up date for Lackawanna. On schedule...good, good...'bout time for things to start falling into place for us I'd say.
Greg |
