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0.9¢ marvel gold limited

i guess this depends on how many chinese converters there are.as...

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tgfn

130 Posts.

18

31/10/19

11:32

Post #: 41167909
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Originally posted by 7seven7: ↑

I very much like the concept of tolling but if I am a chinese converter, why would I give a cheap tolling rate when the alternative is that I buy the input myself and make the better margin myself? The chinese converter would know GPX are not going to build their own conversion facility so they have no leverage to walk away.

I think margins will indeed be higher for GPX going the tolling route but I don't think the tolling fee will be as low as we seem to think. Doesn't make logical sense for it to be. Will probably be split somewhere in the middle of the total margin.

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i guess this depends on how many chinese converters there are.
as well as how many big flake suppliers there are.
and how big the market for this expandable stuff is.
So, lots of converters, few suppliers, big market —> big margin.
and the other way round of course.
Exciting times

MVL Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $7.774M

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