It would be suicide for them not to pursue DRI asap , they need cash , they can't keep raising at these levels , it's practically impossible .
Anyone with half a brain would get DRI up and running asap , get cash coming in , grow and establish the company then they are in a better position to raise funds and work on Pig Iron , theres 2 years of studies to be completed , costing millions , before they even think of Pig Iron , they can be producing DRI or DSO in 6-12 months if they can get their fingers out .
Future of MGU, page-66
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