Noticed bhp going into DRI ore blended jv to develop new steel making (low ce) capability.
maybe the magnatite 880mt at ashburton might also be need as we move to green steel.
been looking for reasons to hold and this is interesting to me.
re the price volume equation. I think a 25m order would shake the tree and move the price substantially. We are tightly held as stated. 63% locked up by MC and FMG so getting to 10% blocking stake now will cost more than 43c imo
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1 | 10000 | 0.250 |
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