Thats right Robboramjet, the softness of the ore is good news and another duck lining up as predicted by Ian Burston. The lower the energy level required to crush the ore, the cheaper it is to process and from my earlier research on Nigeria I seem to remember that elecricity there is one sixth the price it is in Australia. Throw in their fuel prices being half that of Oz and labour costs a mere fraction and you can see where his sub $50 per tonne onto the ship per tonne is coming from. Ian Burston has aways held the view that a lot of the deleterious material will fall off with a simple crushing process and thats only weeks away in late January. I have always held the view that is when the stampede will commence.
- Forums
- ASX - By Stock
- M4M
- kogi iron ltd
kogi iron ltd, page-56
-
- There are more pages in this discussion • 5 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add M4M (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $65.21M |
Open | High | Low | Value | Volume |
1.8¢ | 2.1¢ | 1.6¢ | $208.8K | 11.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 4685565 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 41670 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 4685565 | 0.018 |
6 | 4640000 | 0.017 |
3 | 2505000 | 0.016 |
11 | 904332 | 0.015 |
4 | 1457143 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 41670 | 1 |
0.020 | 959989 | 5 |
0.021 | 507476 | 2 |
0.022 | 814493 | 4 |
0.023 | 630434 | 2 |
Last trade - 14.49pm 11/09/2024 (20 minute delay) ? |
Featured News
M4M (ASX) Chart |