Does anyone know if there's actually any 55% being sold in the market currently. I don't think there is. This is a small deposit with shocking grades that is probably little value to any of the majors. Would be wiped from the market in price downturn as steel makers would revert to higher quality products for their blast furnace feedstock. I think there is sometimes a disconnect between what the implied price would be for a product (based on any model) vs. what the marketability is, and importantly, if there's a market at all. Uncertain as to what the buyers motivations are for this, but I doubt there's any competition
Does anyone know if there's actually any 55% being sold in...
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $54.44M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 23.0¢ | $5.497K | 23.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12523 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 47216 | 4 |
View Market Depth
| Last trade - 12.40pm 19/06/2025 (20 minute delay) ? |
| CZR (ASX) Chart |