VYS 0.97% 51.0¢ vysarn limited

Ann: AGM Presentation 2023, page-24

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,412 Posts.
    lightbulb Created with Sketch. 320
    I have just been looking at Vysarns potential exposure to lithium and nickel downturns and can find none.
    Unlike its other drilling competitor in the WA drilling market.
    Iron ore is the usual xmas doom and gloom over Chinese winter shutdown,however one discounted NEW market for a lot of domestic steel production being China's big water redistribution/navigational inland transport canal project to bring water from one side of the country to the other.
    Fortunately for Vysarn its IO customers are ones which have production costs generally less than $15/ton and VYS multi year contracts secure that income,so those miners are also immune to most market downturns forcing them to cease mining.

    Onto the other side of its business, its growth potential, especially with pump testing and injection have 3 or 4 more large IO market players to be sold into yet.

    Any downturn in the WA mining. market can only open further opportunities for growth for VYS, especially if it is looking to acquire specific plant or businesses for expansion,or expand organically in a different direction.
    Some heat has just come out of the employee market.

    Just opinions of course, But also wondering what state is next to see a VYSARN presence on its trip to being present nationwide?

    DYOR + DYODD
 
watchlist Created with Sketch. Add VYS (ASX) to my watchlist
(20min delay)
Last
51.0¢
Change
-0.005(0.97%)
Mkt cap ! $269.0M
Open High Low Value Volume
51.5¢ 52.5¢ 49.5¢ $195.9K 382.3K

Buyers (Bids)

No. Vol. Price($)
1 22700 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 37256 2
View Market Depth
Last trade - 12.45pm 15/10/2024 (20 minute delay) ?
VYS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.