Im basing the zircon price on approx 66% of the weighted avg obtained by Illuka.This is entirely an estimate as we've not been told about the economics of this product.
The benefit to a buyer in the event of using 15% kaolin replacement (as mentioned in the quarterly) could be:
$/ t = (3000aud/t*.85) x (1800aud/t*.15)Or $200/t reduction. Which over the hypothetical volume is $10m
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-63
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $1.877K | 111.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2551194 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1960170 | 5 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ADN (ASX) Chart |