Expecting up to 3 before Christmas.
Arrowsmith production is for 2Mtpa at full ramp up. They've mentioned they have demand already for 1.5Mtpa.
If they secure offtake for 1-1.5Mtpa at margins of $40/t as discussed at the AGM, that's free cash of $40-60Mp.a.
As always the market will do the numbers after the event. Ill be holding for 50c+ on the news.
Expecting up to 3 before Christmas. Arrowsmith production is for...
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.41M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.9¢ | 5.7¢ | $4.816K | 84.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72497 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 150634 | 3 |
View Market Depth
| Last trade - 15.43pm 10/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.000 ( 5.36 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.7¢ | 66580 | ||
| Last updated 14.58pm 10/05/2024 ? | |||||
| VRX (ASX) Chart |