Definitely another buy announcement but looks like the market wants to see confirmed numbers and offtakes in place. This project alone would be very profitable and then putting on the hismelt pig iron on top of that makes it just that much better... I assume that once the raise gets done in October or earlier it would be awesome to see some confirmed numbers and see how far they want to take it. If one big plant is very profitable what's to stop them with only one we could see two or three within 3-4 years
Ann: Metallurgical Tests Confirm High Grade Product, page-13
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