The ore can be enhanced to the point where it is profitable to ship and process elsewhere (China).
In my view concentrating locally is a non starter - that is where the huge costs reside.
I left both the concentrator infrastructure and the tails dam off the list because they are not required for a dig and ship model.
It is out of the ground, through a crusher and onto a ship (bound for China)
So the question is - could the Chinese make a go of it at current prices?
The answer I suggest is that they could not care less about prices - their interest lies in securing a reliable supply of strategic metals.
In any event we are blowing smoke because we do not know if the Chinese (or anyone else) has made an approach.
- Forums
- Charts
- CHN chart
The ore can be enhanced to the point where it is profitable to...
-
- There are more pages in this discussion • 2,738 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.07 |
Change
0.035(3.40%) |
Mkt cap ! $414.2M |
Open | High | Low | Value | Volume |
$1.05 | $1.09 | $1.05 | $2.859M | 2.686M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11150 | $1.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 14000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 1.060 |
3 | 45000 | 1.050 |
3 | 15500 | 1.040 |
4 | 40239 | 1.030 |
3 | 12307 | 1.025 |
Price($) | Vol. | No. |
---|---|---|
1.080 | 14000 | 2 |
1.085 | 5300 | 2 |
1.090 | 5900 | 2 |
1.095 | 210 | 1 |
1.100 | 18728 | 2 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |