Wow, it sure does Phantommack, amazing stuff from a company with a finger on the pulse of the exact market HIO is entering.
https://hotcopper.com.au/threads/ann-champion-newsletter-november-2021.6452018/
My favorite quote from it is:
"Due to the anticipated demand for DRI in future years, certain experts believe that DRI pricing could merge with that of scrap pricing, which would substantially improve the pricing power of 69% Fe DR pellet feed in the coming years." And just take a look at the bar chart for DRI feed demand to see why we are backing a winner in HIO, that assured to strengthen well into the future.
Once again, high quality post from all again today.
Iron Awe - how and why HIO could 100X, page-223
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