Ann: Red Hill Drilling Completed - Port Gregory Assays Received, page-17

First 17 Last

Share
Profile

Follow
winsomelose

542 Posts.

156

07/02/23

11:58

Post #: 66115501
Share

Originally posted by Cookiemycat: ↑

Looking atMRC quarterly activities report we can calculate 14ktpa revenue. “Product sales revenue was US$4.0 million, representing a total of 10,504 wet metric tonnes sold, compared to prior period revenue of US$10.9 million for 56,926 wet metric tonnes sold.”

4mil/10,504 = 380usd/tonne

380usd = 549.90aud

148ktpa*549.90 = 81,385,200aud

PS this price is without bagging and not processed to final product m. I think MRC is selling some kind of garnet concentrate to GMA. This will get processed and bagged then sold under GMA brand at PG grade product rate which is higher this could be verified by a quick google search since GMA is top garnet producer and marketing for their product is not that opaque.

even at MRC concentrate rate (unfinished and packaged/branded) will generate revenue for 16 year mine life @

81,385,200aud *16 = 1.3 billion

factor in GMA finished product price and this will be much higher and that’s just at 16 year mine life that will increase with MRE upgrade. That will lead to better FS and much better BFS as NPV increases.

Expand

Yep, we are significantly under rated. I'm in for the dividends on this one and can't wait to watch the sp action when the insto's want in for the same.....patience.
As per the recent small caps interview Adam is laser focused on getting it right and the dividends/royalties will reward long term holders.
Nice big chunk of the 15.5 line just left the building too.

HVY Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

There are more pages in this discussion • 3 more messages in this thread...

First 17 Last

Add HVY (ASX) to my watchlist

(20min delay)
Last 5.0¢		Change -0.003(5.66%)		Mkt cap ! $3.148M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.0¢	$7.967K	151.3K

Buyers (Bids)

No.	Vol.	Price($)
1	117980	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	28795	1

View Market Depth

No.	Vol.	Price($)
1	117980	0.048
1	20000	0.047
1	20000	0.045
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.050	28795	1
0.052	90000	1
0.054	67099	1
0.055	40317	3
0.057	85000	1

Last trade - 16.10pm 25/06/2024 (20 minute delay)

HVY (ASX) Chart

Ann: Red Hill Drilling Completed - Port Gregory Assays Received, page-17

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Red Hill Drilling Completed - Port Gregory Assays Received, page-17

Top Stories

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News