Cynically I wonder if they are they going into Sapphire because they can't get off takes elsewhere, or is it to seize the opportunity to gain more of the value chain.
I guess the real question is, which market is easier to break into, sapphire or HPA? Presumably the former, selling a finished(ish) product rather than a feedstock for a chemical process which may require more qualification (possibly using product from the large scale plant, which needs off takes to be funded, thus a dilemma).
For me, I am trusting that Orica and AustralianSuper have done their due diligence (especially Orica who are industry experts rather than simply analysts).
All IMO, please DYOR and GLTAH
I would be keen to hear the thoughts of others comparing the sapphire market to the HPA market (in terms of being a new entrant trying to break in).
Ann: $40M Strategic Placement to Accelerate Alpha Sapphire, page-30
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A4N (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
90.0¢ |
Change
0.005(0.56%) |
Mkt cap ! $1.009B | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 90.0¢ | 88.0¢ | $811.3K | 909.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 32417 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 26246 | 21 |
View Market Depth
| Last trade - 12.51pm 02/07/2024 (20 minute delay) ? |
| A4N (ASX) Chart |