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I think the elephant in the room is port access. Shipping bulk...

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    03/05/22
    21:57
    Post #: 61183606
    I think the elephant in the room is port access. Shipping bulk commodities is not like shipping gold bars. You gotta have the capacity to store and load sand. Other sand players in front of crb over in WA. Not so at Mourilyan port where crb can be front

    Also distance from mine to port matters in bulk commodities. Every extra metre eats into margin. Only 27kms from Sandbox to Mourilyan port.

    Batten and crew have stuck to sand and not run off on a sexy Lithium goose chase. I am grateful for that.
    CRB Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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