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Ann: Arrowsmith North Updated BFS, page-159

  1. Mastatrada
    830 Posts.
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    21/06/24
    16:54
    Post #: 74430463
    For anyone not aware, this BS about 'no margin at current sand prices' is a lie that's been created on HotCopper and passed around between different downramperslike a soggy biscuit... there is actually a healthy margin of around 20USD ton between latest DFS price and current sand price.
    The biggest question is just how long it'll be until production is sufficient to give us the economies of scale to hit the DFS price
    VRX Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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