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10.4% 4.3¢ allup silica limited

Just saying this SP spike doesn't make sense.The Company talks...

  1. Pluto08
    46 Posts.
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    29/03/24
    14:10
    Post #: 73118104
    Just saying this SP spike doesn't make sense.

    The Company talks of use in solar panels,
    Solar panels require maximum of 100ppm Fe2O3 impurities or they can't be used for solar panel glass.

    These results are stated in APP ASX release 28/2/204 as Average of 2,059ppm Fe2O3 and range 540ppm to 4089 ppm Fe2O3. (Screen shot below).
    Solar panels max 100ppm Fe vs APP grades 540ppm to 4089ppm Fe2O3.... what the heck ?

    Lots of literature out there, but ASX: VRX is being more realistic with the purity requirements.
    https://hotcopper.com.au/data/attachments/6067/6067526-e1704772dfdabf4ddb27657e48c4e93c.jpg



    APP ASX release 28/2/204
    https://hotcopper.com.au/data/attachments/6067/6067514-ba92e4d3080d55259b618866de695a93.jpg
    APS Price at posting: 5.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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