Two articles on demand for high grade iron ore and slightly differing views on the outlook:
http://www.copyright link/business/...s-vale-raises-iron-ore-grades-20180217-h0w96g
https://www.reuters.com/article/us-...n-ore-isnt-set-in-stone-russell-idUSKBN1GY13C
One thing I've always thought about are the high grades of these tenements. Apart from this announcement which relates to the mining lease tenements, the last drilling announcement re: another tenement hit high grades as well. Given the demand for high grade iron ore and the substantial price difference, make me wonder if this project is now being sold for cheap hence BG's support the whole time.
Makes me wonder would we better off if the deal fell through so it can be sold at a higher price to one of the majors. The hard yards of native title and the mining lease done so surely the projects full value can now be realised. Whereas when they first negotiated this I'm sure AR was not in a strong position.
Anyone with thoughts on this?
- Forums
- ASX - By Stock
- Ann: Byro Metallurgy - Super Purity Magnetite
Two articles on demand for high grade iron ore and slightly...
Featured News
Add AHN (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $2.676M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.5K | 1M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 16360653 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 6107299 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 16360653 | 0.002 |
20 | 25500603 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 6107299 | 6 |
0.004 | 16168332 | 8 |
0.005 | 1150000 | 2 |
0.006 | 2359999 | 3 |
0.008 | 1591000 | 4 |
Last trade - 13.27pm 12/07/2024 (20 minute delay) ? |
Featured News
AHN (ASX) Chart |