I think its the shipping costs. I remember VMS (tasmania) said
"The company, together with the broader market, also continues to experience a volatile shipping market, largely due to congestion in Chinese Ports, together with COVID-19 and political impacts, all of which have culminated in shipping rates tripling from US$18 per tonne since the Feasibility Study to around US$54 per tonne"
I believe the difference between miningnut (198USD) and actual (153USD) is 45, miningnut factors in 20USD, at 54USD above, this represents most of the variance...
Time to get into shipping....
Quarterly predictions, page-550
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25.0¢ |
Change
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Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 24.5¢ | $429.7K | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 471446 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 17621 | 1 |
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