No, things can get pretty crazy wrt road haulage here in WA. I...

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Jukebox45

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13/10/23

10:30

Post #: 70324721
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Originally posted by SwiftySX ↑

Road train probably, but for Arrowsmith I assume a b triple is the largest vehicle permissable.

Assuming each truck can do 4 round trips per day they need about 8 to meet the tonnage. The gatekeeper at the port is going to hate seeing VRX trucks roll in all day.

I'm not so confident we can "pull it off" within 6 months based on the track record. This mob have managed their external environment consultants pretty poorly through the EPA process here at VRX and their directorship at another company I am aware they are involved in has left a lot to be desired. In fairness they were able to operationalise a 50 man drill camp so they are capable of putting boots to work on the ground.

VRX are holding the bag right now and it's on them not to fumble it. Their only saving grace is that there hasn't and still isn't anyone else close enough to take the bag each time VRX fumbles.

Also, kinda liking that we are sub 10 cents. Anyone looking for a quick 10% trade will find it easy enough over the next few months if we hear something. Otherwise we may see it drift at least another 15% through to 2024

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No, things can get pretty crazy wrt road haulage here in WA.

I seem to recall that 200T Gross is the maximum on prescribed road train routes - Fenix is hauling 140T of iron ore per trip, netting 340,000T/quarter - but the two variables there (the weight of FeO2 vs Si, and the much greater haul distance) mean our equation would be somewhat different.

https://primemovermag.com.au/fenix-assumes-control-of-roadtrain-business/

I'd wager there's some interesting discussions going on in the background; to invest in a fleet of trucks dedicated to hauling mineral (silica) sand, any trucking company would want to lock in a long term contract to pay for the capital costs of the trailers - but with the promise of rail infrastructure in the future, Cinnabon would not want to lock himself into what is a more expensive per tonne road haulage solution for any longer than is absolutely necessary.

Not to mention the lead time to build those specialised road trains - currently 24-36 months for a single custom heavy haul float, so I can't see specisiled road trains being available any sooner. That means using whatever fleets exist now, which may haul 140T of iron ore, but would not get that tonnage of silica sand in the same trailer bodies.

VRX Price at posting: 9.8¢ Sentiment: None Disclosure: Held
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0 Great analysis

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