In a perfect world , we could have Hismelt licensing signed in the next week or 2 , then Mid metal commit to and offtake for DRI or 68% Fe and stump up half of the Capex , MGU would have allready been working on the rest with US based investors so it would follow shortly after , then into construction .
Also maybe a 50/50 JV to progress on investigating or progressing works on Green Pig iron Production .
The big question is , how long before we can get the ball rolling on 68% Fe production ? will it take another few months , does it have to be tied in with the US listing , maybe it comes before hand as funding and offtakes for DRI might be a requirement for US listing ?? who knows .
In a perfect world , we could have Hismelt licensing signed in...
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| Last trade - 15.45pm 15/05/2024 (20 minute delay) ? |
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