Not sure of the response your looking for but if I knew shorthand I could compress this from the announcement. Instead I'll just extract it. Basically somewhere in there is a reference to green. As traders we are opposed to the word red even though we understand the relative need.
Reedy Lagoon Corporation Limited (“RLC” has entered into an agreement with Dinsdale Consultants Pty Ltd (“Dinsdale” and Smelt Tech Consulting Pty Ltd (“Smelt Tech” to pursue a commercial objective of establishing “green iron” production in Western Australia using HIsmelt Technology to smelt magnetite from the Burracoppin deposit using biochar as the reductant instead of coal.
No criticism is intended. Just putting my thoughts out there.
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- Day traders' after-market lounge February 9
Day traders' after-market lounge February 9, page-36
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