It is simple economics, supply, demand, price.
Can we supply? Most likely over 500 million tons
Is there a demand? Search high grade Silica shortage
Price? 99.5% straight off the ground, easily beneficiated to higher grades
Delivery? Rail to deep water port.
Irrevocably letter of credit
Bank money
Distribute dividends.
Cash Cow.
I'm getting excited..., page-3
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Last
3.7¢ |
Change
0.001(1.39%) |
Mkt cap ! $22.93M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.3¢ | $21.11K | 601.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2451 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 152539 | 2 |
View Market Depth
| Last trade - 15.55pm 04/06/2024 (20 minute delay) ? |
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Last
3.6¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 3.7¢ | 3.3¢ | 239362 | ||
| Last updated 15.55pm 04/06/2024 ? | |||||
| VRX (ASX) Chart |