Definitely was not expecting that at all, suspect there’s more to the story as there almost always is, which could have something to do with the recent funding arrangement.
Hopefully some reason prevails though and the value of the project is not lost on people, the asset is still there and it’s still in the same fantastic location. And of course, pig iron production isn’t rocket science, essentially all steel production requires it so there’s plenty of people who can take the helm here and continue progressing and perhaps even simplify the strategy.
Ann: MGU Board changes, page-10
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