It's also noted in the presentation that 650kt annual production is referred to as stage 1 of the project. Who knows what the production upside could be at stage 2 of the project. While stage 1 will already be a significant cash cow for the company at current Pig Iron prices, stage 2 will provide the blue sky potential with 20 bags+ many will seek. Exciting months ahead with all of these details revealed in due course in mid 2022.
MGU Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
