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
Im basing the zircon price on approx 66% of the weighted avg...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $55.98M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.9¢ | 1.6¢ | $168.5K | 9.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1280465 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 3304877 | 14 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.9¢ | 1.6¢ | 5711757 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| ADN (ASX) Chart |