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Argyll

01/12/10 11:44 AM

#517 RE: risi #515

The paper price bit might have been better explained but I still think it likely ONP could double or triple.

I like the facts that:

1)They have just gone to 100% recycled
2)close to major printing hubs
3)just beginning to get into digital photo paper (with 60% margins)

and that the production in 2008 was 170,000 tons, in 2009 250,000 tons and production is planned to be 1,000,000 tons by 2012.
Possibly more than quadrupling business in 3 years.