M4M 5.41% 3.9¢ macro metals limited

Kogi makes 99%Fe Steel

  1. 2,985 Posts.
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    Kogi makes 99%Fe Steel

    I thought we should start a new thread with the key element in the thread headline.

    The company is grossly undervalued at this level.  I do not know what will spark the rerate but it is coming, it could be any one of the following, or something left field, but a rerate is coming:

    Cornerstone investor
    ECA funding
    London listing
    DFS
    Offtake agreements
    Marketing studies
    Broker reports

    It is worth noting that these results are outstanding:
    Fe >99%, C<0.31%, Si <0.30%, Mn <1.10%, P <0.045%, and S <0.045%.

    You can be assured that these results will focus any potential CI to what Kogi can produce and the opportunity that the company presents.  I don't believe the sp will remain at this level for much longer, this is proof that the company can achieve the extraordinary profits they have alluded to. This is proof that the company's business plan is legitimate. To shareholders who have taken the punt so far I say congratulations for your ability to see opportunity here, there is more to come in my view.
    Last edited by Chiller: 26/09/18
 
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