If I'm interpreting the announcement correctly the suggestion is...

  1. 1,636 Posts.
    lightbulb Created with Sketch. 653
    If I'm interpreting the announcement correctly the suggestion is that STELCO is prepared to move ahead at scale based on the "completion of a detailed engineering study and final factory acceptance testing "of the fully-integrated Mercedes-Benz 2,500tpa pilot plant."

    STELCO effectively saying the due diligence of MB on the 2500 "pilot" is enough for us to have confidence in the capability of the fully integrated solution at scale.

    If this interpretation is correct then should have the effect of compressing the previously stated timelines to STELCO revenue generation to late 2H 2025.

    Thoughts!!

    https://hotcopper.com.au/data/attachments/5839/5839570-fba51b7f1b26e1922c838710012ced2c.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
6.9¢
Change
-0.003(4.17%)
Mkt cap ! $53.09M
Open High Low Value Volume
7.0¢ 7.1¢ 6.9¢ $6.233K 89.80K

Buyers (Bids)

No. Vol. Price($)
2 17640 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 34275 1
View Market Depth
Last trade - 15.59pm 25/07/2025 (20 minute delay) ?
NMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.