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newtechinvestor

05/18/10 2:51 AM

#3164 RE: titaniuminvestor #3163

Last 3 price increases by region:

North America $287 per tonne
Latin America $350 per tonne
Europe $325 per tonne
Asia/Pacific $325 per tonne
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$322 per tonne avg increase over last 3 months!

Month of March MOR had $3.2mil net income excluding environmental set asides. Going forward we should see a meaningful increase in top and bottom line. These price increase are sticking because as you pointed out the demand is ramping up. IMO, with cost of building a new plant very high and availability of capital not as robust should keep supply tight in relation to demand.

Time is running out on keeping share price contained.