Hey CTrader , True !
Already they have pumped and shipped 580kt within 6 weeks @ a start up rate , 5 more ships schedule for next week or so ,which equal to another 300kt approx , in total close to a 1mt shipped within 10 weeks!
1mt x $50/2 = cool $25m in 10weeks and still @ turtle mode !!!
@8mt= $200m
@16mt = $400m
Yes i know some debt attach , but still @ 2% !!!
Excellent results for a new comer which is also JV with 2nd biggest steel maker of China !!!
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- could explain some of it
could explain some of it, page-6
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