8000t per day. That's $200,000 gross margin per day. It's a Cash Cow operation now and will only grow with time. The barge transportation and loading by grab bucket was always going to be a constraint. More barges, tugs and simultaneous loading of vessels will overcome that as demand increases. Buy now for the long haul.
A Cash Cow Business
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $198.5M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.0¢ | $1.187M | 28.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 10000620 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 789600 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
4.1¢ |
Change
-0.002 ( 4.87 %) |
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| Open | High | Low | Volume | ||
| 4.3¢ | 4.3¢ | 4.0¢ | 9325297 | ||
| Last updated 15.58pm 06/05/2024 ? | |||||
| MMI (ASX) Chart |