Ann: RC Drill Rig Mobilised at Pippingarra Project, page-19

silica sand is the foundation of the company. it's cheap, but can be exported with huge volumn. So the production will support the company's current MC for long term or double. The risk is very low.

some of the possibilities:

If Lithium is found (20~30mt) here, the MC can easily go up 3~5 times.

If HPQ is found here (pure enough to make quartz crucible for solar panel production, or chip production), the MC can easily go up 10 times.

If both Lithium and HPQ are found, 10+ times

If nothing found, go down 30% ~ 40% from current price ($1.1), but will go back when silica sand production make progress.