VRX 5.56% 3.8¢ vrx silica limited

Daily price prediction thread, page-6824

  1. 15,037 Posts.
    lightbulb Created with Sketch. 2577
    i rechecked my numbers... its 9% of 77% recovered so for 2 million processed tons at 138600 /11 lots of 9% per ton of Tio2 concentrate which then means every 11 tons you get a ton of saleable Ti02 totalling 12,600 odd tpa.
    1 million processed =6,300 tpa
    2 million processed = 12,600 tpa
    looking into further, it depends on the concentrate level <47% or >than 47% which range from $250 to $1,500. So really it adds somewhere between:
    1 million processed =$1.5m -$9.4m USD
    2 million processed = $3.15m- $18.9m USD


    this is free money as far as i can tell it didnt get included in the BFS product sales, but it did get included into the cost for capex and opex to enable recovery...... the numbers just don't appear in sales. although pretty common that "smaller" credits aren't included as they are considered bonus and not of interest to banks and lenders.

    however, imo opinion this is kinda a big deal now that rutile and tio2 concentrate is through the roof for the foreseable.
 
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