Yep, the US market is a whole new chapter, and the bulk of the story here. Yet I don't think MGU is being priced for that aspect at all.
It's worth letting your numbers sink in.
Who would have thought the US is the world's largest pig iron importer, well ahead of China - 34.7%.
With that number only set to increase as (you're right) by 2025, 85% of steel plants in the US becoming EAF.
It's a huge opportunity - and in Buena Vista we just happen to have - perfectly located - the ideal, flexible (readily beneficiated), high-grade, low-impurity ores.
I can't wait for the moment a North American audience grasps all this.
- Forums
- ASX - By Stock
- MGU
- Ann: Magnum Progress Update
Ann: Magnum Progress Update, page-9
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGU (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.093M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.768K | 176.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1234478 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 496634 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1234478 | 0.010 |
6 | 1290200 | 0.009 |
5 | 1045120 | 0.008 |
2 | 311111 | 0.007 |
2 | 410000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 496634 | 4 |
0.012 | 272809 | 1 |
0.013 | 321467 | 1 |
0.015 | 538001 | 4 |
0.016 | 567241 | 3 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
MGU (ASX) Chart |