Cranium just be careful with your recommendations as there are emerging tech DRI + Submerged Arc Furnace (SAF) which allows low grade hematite to be used with DRI. Google it. This hasn't been tested on an industrial scale + will probably be 3-5 years away but it is a valid risk if MGT hits any unexpected delays in funding/path to production. Also something worth noting is the currently geopolitical situation with China/Russia. Nothing to worry about for now but something worth considering in your discussions with them (if you are planning to anyway).
Anyway, that aside, Loving the price action today!
Ann: Positive Interim Metallurgical Test Results, page-44
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $19.60M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $44.97K | 260.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8508 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 49993 | 1 |
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| Last trade - 15.50pm 15/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |