Silica Sand prices for low Fe impurity, page-8

Here is the original data for silica sand pricing (IMARC report) that was the subject of some recent discussion here. I'm posting this
in an attempt to remove any doubts that the prices used in our BFS's is some cases were very, very conservative.
The first grade (150-200ppm) in fig 2.11 may act as a guide to what may be achievable for our Murchea grades. Murchea F150 (99.5% SiO2, 150ppm Fe2O3) fits exactly into this category. Murchea F80 & F80C (99.9% SiO2, 80ppm Fe2O3), "photovoltaic grade", are probably going to be worth more even more than indicated in fig 2.11, due to their much lower iron content.
The second grade (200-300ppm) in fig 2.12 is the closest data to our ArrowC and ArrowN deposits which have 400ppm and 500ppm Fe2O3, respectively (see BFS).
The ASX sand company that published these graphs (6 days ago) were forecasting in their PFS that they could sell
99.6%-99.7% sand in the 200-300ppm category for US$50/t, FOB from Geraldton.
Let's just hope VRX management land a few sizeable offtakes agreements with Japanese companies like NSG.


(Source: IMARC Report SR090221K2).
All IMHO, DYOR