Not sure if this will have a positive impact on share price.
Economics of the application don’t look very promising.
ADN is expecting to sell a ton of HRM for $1,000 ex gate.
That is $1 per kg, add the shipping, processing and distribution costs and the price to the concrete plant will be at least $2 per kg.
Using that 1kg has a potential to reduce costs by 2-3$ per cubic meter of concrete.
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $45.78M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $106.6K | 8.854M |
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| No. | Vol. | Price($) |
|---|---|---|
| 40 | 20000366 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| ADN (ASX) Chart |