Replies to post #4809 on Alloy Steel Inc. (fka AYSI)

[SAMNOTSAMUEL]

This clearly begs again the questions how many mills total, where, when, capacity, how financed.

sam

[gilead23]

Thanks Dave I had guessed it wasn't licensing

To me the arrangement looked like it was about getting in there with the least amount if red tape possible.

[houtheman]

Great DD on that Dave. Thanks!

[littlefish]

Hi Dave, thanks for the continued info on Alloy Steel.

Apparently it will be a wholly owned operation so no JV or licensing (as you mention).
Not sure how the expansion will get funded (internal or some other route).
Will be interesting to see where the company is at financially in the annual. I would think they may have some ARs that will only partially be collected on by Sept Q end. But my guess is they have collected a bunch since then and ahve a growing cash position going into 2010 that IMO will continue to grow strongly to help fund the expansion plans. But we'll see where the #s come in for the annual soon enough.


Gene has always seemed pretty keen on protecting their intellectual/technological advantages.