It would be suicide for them not to pursue DRI asap , they need cash , they can't keep raising at these levels , it's practically impossible .
Anyone with half a brain would get DRI up and running asap , get cash coming in , grow and establish the company then they are in a better position to raise funds and work on Pig Iron , theres 2 years of studies to be completed , costing millions , before they even think of Pig Iron , they can be producing DRI or DSO in 6-12 months if they can get their fingers out .
Future of MGU, page-66
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $10.52M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.3¢ | $45.86K | 3.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1234307 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 93615 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MGU (ASX) Chart |