Spiderman, the offtakers with MGX were commodity traders not steel mills. That's the reason for their troubles.
Look at MGX now. Up 300%+ since March.
MGX is a surprisingly good performer this year.
The company realized the mistake of having all their eggs in one bad basket. Not sure if MGX is still suing the traders for failure to honor the offtake contracts.
AGO is a company with many pleasant surprises for many years to come.
