CMD cassius mining limited
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Looks like they are getting around $280 avg for vermiculite?...

  1. Maddoc
    811 Posts.
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    16/03/11
    13:20
    Post #: 8062276
    Looks like they are getting around $280 avg for vermiculite? (dividing revenue from customers by the total production of vermiculite). If they got a price increase (say to $300)and they deliver 30,000 tonnes from 1 July 2011 then thats revenue of $9m/a. Just don't know what capex required to expand to 30,000 tonnes and therefore what sort of CR they may need to do to fund it
    GLF Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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