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Magnum Enters Negotiations with European Client for 50,000 Tons of 40 Mesh Rubber Powders, Potential Contract Size is $26 to $41 Million USD Per Year.

Publication: PR Newswire
Publication Date: 22-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MAGOG, Quebec, June 22 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (BULLETIN BOARD: MDOR) , a next generation rubber recycling Solutions Company, releases new photos and announced the company has been in negotiations to supply a new European client with up to 50,000 tons of 40 mesh rubber powder. The contract is for a 5 year term and the current spot market on 40 mesh rubber powders are roughly $520 to $820 per ton. The total potential size of this contract could be $130 to $205 Million USD over a 5 year term. Magnum plans on securing more high tech equipment in order...

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