The upside is huge for MGU ,, market just cant see it yet ,, we need some solid figures out .
But in regards to your post your probably not far off the mark .
If MGU can produce 500k tones a year with a profit of roughly $250-300 per tone , at an average price of $550 per tone , ( yes i know its now a lot higher ) and throw in a P/E of 5 then we are seriously undervalued !!!
And the icing on the cake is that MGU will be producing Green Pig Iron ,,
Ann: MGU pig iron strategic focus, page-14
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