I just thought id say that the 2.5m USD will likely be enough to get appalachians studies completed, which would then show the NPV for a very interesting part of the business, no mine, free waste slag dumps, and no cost of mine!!!
and Mitsubishi will be already taking product from BV to begin with.
the Appalachian project is such an anomaly in terms of how to value or just how high that NPV will be once that study is complete.
Neil really has refined steel making with the Appalachian project, it would show a world first using waste as both feed and ignition source and turn tremendous profits from it
this is when ESG/Green becomes more profitable than conventional methods, and that is exactly what capital allocators are looking for.
Ann: Magnum appoints EAS, page-18
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