Megamao, in the short term you might be correct as VRX will likely have to share the port infrastructure with the I/O boys just as the previous sand exporter at Geraldton did. However, if you have 5tn of iron ore on the belts, in a 50,000tn shipment it’s 0.01%.
The bigger risk is zircon because it has a much higher melting point, so won’t dissolve during the glass making process. Zircon is also a silicate so very difficult for a glassmaker to remove. At Bunbury port, they won’t silica sand and zircon over the same ship loader for this reason.
Longer term it sounds like sand will have its own berth so risk will be much lower.
- Forums
- ASX - By Stock
- VRX
- Daily price prediction thread
Daily price prediction thread, page-7201
-
- There are more pages in this discussion • 3,656 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 VRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $22.61M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $8.381K | 230.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 573999 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 374000 | 0.036 |
1 | 16998 | 0.035 |
1 | 3823 | 0.034 |
1 | 45454 | 0.033 |
4 | 282063 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 50000 | 1 |
0.039 | 69999 | 2 |
0.040 | 20000 | 1 |
0.042 | 171626 | 2 |
0.043 | 28768 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
VRX (ASX) Chart |