HVY 3.70% 7.8¢ heavy minerals limited

No it's really not like lithium. Because the price of garnet is...

  1. 9,622 Posts.
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    No it's really not like lithium. Because the price of garnet is $350 a ton (?) - so transport to market is a much bigger factor than lithium which was barely worthwhile doing in WA at $450 a ton a few years back (though obviously higher processing costs), but of course is now $4000 a ton.
    It's obviously going to be more profitable to produce garnet near to end users... So if GMA don't think it worth expanding local production...why is it according to HVY?

    Again ad-hominems aren't that helpful. And don't really help potential buyers, who are the ones that will push up the SP of the shares you hold. Rational argument is quite helpful though. If you have any by all means....but if not..., it just leads people to think the holders aren't that intelligent, have no investment thesis, or are just pumping the SP with no real basis - and that puts people off.

    So if you've got nothing you're probably best saying nothing. sneaky.png


 
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