The number of impatient sellers of BYH never ceases to amaze me.
As aliscrazy stated
"the only ASX junior hitting DSO grade manganese I can find, they use an 18% cut off for gods sake! Check out what the other players grades are!"
Whilst BYH doesn't have the large resource of E25, it does have high grade which is so important when producing manganese ore. BYH also suffers from the same problem as E25 of the huge trucking distant to port, but there is little to no processing needed which is a real bonus.
The EMN manganese in Czech Republic is a joke, its low grade and requires 8,500kWh of power to produce one tonne of battery material in the highest cost electricity region in the world. BYH could supply high grade Mn ore to OMH and produce the same battery material for 1/10 the cost due to OM Sarawak's cheap power.
There aren't many places in the world that have cheaper power than OMH in Sarawak at US$0.035/kWh in Czech Republic its 10x more.
The number of impatient sellers of BYH never ceases to amaze me....
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0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.516M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $8.101K | 1.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6311566 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2941076 | 1 |
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| Last trade - 15.31pm 22/07/2024 (20 minute delay) ? |
| BYH (ASX) Chart |