MHM owns all land in TAS known to have the highest grade (hyperpure) silca. The amount is sufficient for a liftime supply at current world demand levels.
I think the key factor for us is how much our customers would order initially and what is the growth prospect.
With the advancements in solar tech as well as other apps like LED lighting, and as price for those devices go down, the demand should grow exponentially. Similarly to early days in the semiconductor/micro chips industry.
The solar industry being able to deliver grid parity without subsidies, and with their plants being built with potential to significantly incerase production, one can deduce that the demand for our silica is certain to grow. The only question is how much?
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Last
45.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $235.4M |
Open | High | Low | Value | Volume |
45.5¢ | 47.5¢ | 45.3¢ | $352.9K | 769.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 14929 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 90896 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 14929 | 0.450 |
1 | 15000 | 0.445 |
1 | 10000 | 0.440 |
2 | 70000 | 0.435 |
7 | 60206 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 90896 | 2 |
0.490 | 20000 | 1 |
0.495 | 20000 | 1 |
0.500 | 78291 | 2 |
0.510 | 67228 | 3 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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