M4M 7.69% 2.8¢ macro metals limited

AGM, page-21

  1. 2,891 Posts.
    lightbulb Created with Sketch. 216
    Hello immmelman.
    The 2.5 figure was mentioned It is the feed you need to get 500,000 of steel .
    That mill would cost $100 million
    They did talk about a mill that may one day be built down on the flat land that would produce 5 to 10 million tonnes of steel .I did not hear a $600 million dollar sum mentioned .
    To be honest if we can get the smaller mill up and running KFE would look good to SELL for 50c plus
    I was tempted to ask him if the 50c plus figure still stood but I think toil27 may have warn the poor old fella out.
 
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