Good announcement/update! Gold next to Sino, One Steel excited and BHP over the moon and the steel majors are still waiting on the sidelines to see the official results of the DRI.
As some know Mr T is off overseas and has meetings with a number of broking houses who are interested in the APG story!
What is the story?
Pretty simple get in before the gold project hits the headlines and before BHP swallow APG at the end of the year before RIO gets their hands on them.
BHP who also owns a chunk of One Steel cant afford to let anyone get their hands on the technology.
Given it will save millions and millions pa to One Steel and hundreds of millions for the BHP tio2 project overseas they must be a little nervous!
A little will be an understatement once Fortescue and RIO start testing the DRI
The overseas broking houses must be smelling something!
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