I emailed RK last night. Below is my email and his response this morning. His response is the first paragraph-read below it for my initial questions....
Information regarding smelted grades will be forthcoming in near term. There is so much going out at SFMI, as soon as the information is available news will be put out on wire. In terms of stock buy back, it will occur once the cash flow hits a certain level off production, I would assume that will occur late summer.
-----Original Message----- From: Sent: Wednesday, June 16, 2010 6:00 PM To: rich@yesinternational.com Subject: SFMI
Hi Rich,
Any chance we can get a breakdown on the composites that were smelted which allowed SFMI to successfully make the July 2010 Lease payment? Also, can you tell me what is the required time frame for which SFMI needs to disclose the intent to buyback shares. Please advise asap. Thanks
Sent from my iPhone
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