Does anyone know how much DSO ore MGO intend to ship per year?
Even a million tonnes at US$217/t for 62% ore would bring a very tidy profit for the Company to fund the Green Steel project and mine expansion.
Profit of US$100/t would = US$100 million.
For a Company with a $85 Million MC it looks seriously under valued.
ZERO STATE ROYALTIES, LOW CORPORATE TAXES.
Ann: Magnum to fast track Iron Ore shipments, page-42
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