Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

I couldnt agree more ,
We see that chart in the ann showing the price of Pig Iron compare to Iron Ore , clearly Pig Iron is the best route to take for the company , higher margins and a greener product .
This announcement was a nice little snippet of whats in store for MGU shareholders this year .
The global long-term demand for pig iron is forecast to increase at an accelerated rate.
Anglo still at the table and for both offtake and financing !!!
Lat year Anglo reported pre-tax profits of $10.1 billion for the six months to June, up from $1.7 billion in the same period last year. So in regards to my comment a few weeks ago about MGU Capex , i reckon Anglo could fund MGU with the spare change they have down the back of the sofa
In a nutshell this stock ticks so many boxes
A product in high demand for the foreseeable future .
A low cost GREEN product .
Close to road rail and infrastructure in a pro mining jurisdiction .
Potential for Carbon Credits .
Bio char being used instead of expensive coaking coal .
A huge resource with lots of room for expansion .
Looking forward to more updates in the coming weeks and months .