How do Alto process their ore without MDI?
They either build their own (huge capital cost) or toll treat somewhere.
Quote from an MDI announcement from 28 July 2017:
’Strategically, MDI’s Sandstone mill is within 25km of Alto’s deposits, offering the potential for distinct competitive cartage and revenue upside compared to the nearest operating mills, which are at least a further 150km distant...Ore haulage costs to a distant mill some 150km away or more is equivalent to ~0.4 g/t increase in the ore cut-off grade. For a low grade (e.g. <2 g/t) deposit, this often means a very significant reduction in economic mill feed (Ore Reserves), and hence net revenue, compared to treatment at a nearby mill.’
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.451M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $191 | 8.688K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 343831 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 17392 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 343831 | 0.022 |
1 | 203461 | 0.021 |
3 | 340915 | 0.020 |
1 | 200000 | 0.018 |
2 | 1269214 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 17392 | 1 |
0.024 | 250000 | 1 |
0.025 | 499999 | 1 |
0.028 | 55000 | 1 |
0.029 | 193839 | 2 |
Last trade - 12.39pm 26/06/2025 (20 minute delay) ? |
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