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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem.

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To: bob culshaw who wrote (531)2/27/1998 5:58:00 PM
From: Jim Drewitz   of 1112
 
Bob:

The release was dated Feb. 27, 1997. It was a three year contract with ASA Alloys which was valued at $25 Million and is renewable every three years. That was for stainless steel and did not include NUOVINOX. NUOVINOX was a different agreement with ASA. The Schmolz + Bickenback agreement was valued at $9 Million when fully delivered.
Hope this answers your questions.

Jim Drewitz
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