Cranium just be careful with your recommendations as there are emerging tech DRI + Submerged Arc Furnace (SAF) which allows low grade hematite to be used with DRI. Google it. This hasn't been tested on an industrial scale + will probably be 3-5 years away but it is a valid risk if MGT hits any unexpected delays in funding/path to production. Also something worth noting is the currently geopolitical situation with China/Russia. Nothing to worry about for now but something worth considering in your discussions with them (if you are planning to anyway).
Anyway, that aside, Loving the price action today!
Ann: Positive Interim Metallurgical Test Results, page-44
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.53M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $46.14K | 151.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118999 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 55311 | 3 |
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| Last trade - 13.46pm 12/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |