I personally did not pay too much atention to matmor. Thank amaze for his great effort, I had closer look into it. I agree that It has the potential to revolutionize the steel making industry and has much more significence for Australia than coldry.(I mean coldry is a bonus, without it, this country is fine). Everyone knows how important the steel industry is for this country and how many people the steel industry employs directly and indirectly. The steel industry is facing severe competition from overseas, labor costs and the pollution control standard are far too high in this country. The only advantage we have is we have the iron ore and coking coal (which is the major cost of the steel making, especially for lower end products), we have the logistic advantage. Now we have the matmor and the dirt cheap brown coal, think about it, if the steel price drops one third or even half, foreign competitors have to quit and how much export it is going to generate. Almost too good to be true. Of course, the old iron makeing procees has been there for centuries, there is reason behind it, it is reliable and maintenance is low.
how reliable Matmor is and the maintenance? Remain to be answered. I am not an expert, but it is thrilling to think about the possible future.
- Forums
- ASX - By Stock
- ECT
- matmor's potential
matmor's potential
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $1 | 362 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 28544487 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 11086493 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16076 | 0.003 |
46 | 26049008 | 0.002 |
27 | 33536532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 16112 | 2 |
0.003 | 8919464 | 15 |
0.004 | 5782988 | 10 |
0.005 | 4226359 | 26 |
0.006 | 5155234 | 9 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online