Thanks for that. A few hundred per tonne isn't bad, and a lot better than selling it to a specialist steel mill for the price of iron ore.
Other thing of interest here is their fertilizer business. Fertilizers are going to be a boom sector in 2008, already are. Is the price MOO gets related to the international prices or are they locked in at a lower price? Any idea if they can ramp up production on that front.
Guess I should ring them with all these questions but you seem pretty knowledgeable.
cheers.
MOO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
