It's not going to be a low OPEX operation.
VRC is starting with an OPEX of US$536/tonne. That's already significantly higher the most other graphite companies. And that's at 170ktpa. So what do you think it's going to be on a run rate of 20ktpa? Hint, it will be higher.
Your statements demonstrate a complete lack of understanding of mining principles
And incidentally, if Volt cannot make stage 1 profitable then it's all over. There is no stage 2 fantasy.
Ann: Volt to Launch Capital Raising, page-282
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Last
0.4¢ |
Change
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Mkt cap ! $16.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 70079358 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 8328211 | 12 |
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