Tyre Disposal Costs, page-59

Hi Trumpy,

i promised myself I wouldn’t get into this again but here goes.

Australian Tyre processors pty ltd was reg Jan 18
.. no website or any info on what they do or who their clients are . by May they had a contract with Pearl and 9 months  later Pearl raise $1.5 mil to buy them? They haven’t even filed a tax return and yet they have a $$ figure 
Sounds all to familiar!!

holders might benefit by finding out who owns Australian Tyre Processors Pty Ltd and the link.
GL  

Supply Agreement with Australian Tyre Processors Pty LtdAt the beginning of May, Pearl entered into a non-exclusive supply agreement with Australian Tyre Processors Pty Ltd for off the road (OTR) tyre trading and logistics. One of the biggest challenges in the tyre processing industry is disposing of large OTR tyres. The supplier is sourcing OTR tyres and shredding them to a suitable size for Pearl operations, from which Pearl receives a minimum gate fee of $75 per ton. (ASX Announcement, 16 May 2018.)