Silex89 .. Non holder?
Don't understand your comment on 4N price. The following was quoted on the Small Caps web site: https://*********.com.au/high-purity-alumina-stocks-asx-ultimate-guide/
"According to Andromeda’s Mr Marsh, 99.99% (four nine or 4N) purity HPA is the most widely used product in the HPA market and commands between US$20,000/t and US$30,000/t" ... PM1 has used the average price of US$25,000/t ..
IE: 4,007 tpa @ US$25,000/t = US$100,175,000.00 Divided by $0.68 (AUS$ to US$) = $147,316,176.
So PM1 seemed to have used the correct price and are focused on the most widely used product in the HPA market.
Care to elaborate Silex89? Have PM1 missed something? Have I missed something?
Ann: Scoping Study on HPA delivers outstanding results, page-46
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