cXL are not a steel maker. they licence tech that can make green steel for the cost of traditional fossil fuel derived blast furnace steel from Hematite ores that can't be processed in other green processes. the ore price is not relevant. the carbon taxes and carbon offset price is relevant. Given current prices this makes CXL steel 100 euro cheaper than dirty steel. how hard is that to understand
Ann: Calix Limited Results Presentation FY24, page-69
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Last
85.0¢ |
Change
0.010(1.19%) |
Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 86.0¢ | 83.0¢ | $64.94K | 76.88K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 587 | 84.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 66607 | 2 |
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