Correct. Each manufacturer requires different brightness. Price goes accordingly from $200 to $1,500 a tonne. Top end appears to be 89-92 from the top miners currently around. Japan and Portugal are lower volume, but go for the super bright. But that's just the sexy top end porcelain and associated kaolin use. Another 1,000 uses the world has and buys at all grades. We can make nice shareholder value from any grade. Costs tend to be low, but a quarry style an advantage. Its from memory, but i think ADN were saying, for their first quarry, that the mining will take 6 weeks and that will do production for the year.Thats based on current production plan of course.
ADN was using $700/t in their updated PFS, but not shocked if that ends up over $1,000 in their bankable DFS due out end March early April.
- Forums
- ASX - By Stock
- Projects: GOLD/HALLOYSITE/LITHIUM/COPPER/HEAVY METALS
Correct. Each manufacturer requires different brightness. Price...
- There are more pages in this discussion • 309 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
24.5¢ |
Change
-0.015(5.77%) |
Mkt cap ! $686.8M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 24.5¢ | $2.294M | 8.984M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38567 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 227500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 38567 | 0.245 |
10 | 415385 | 0.240 |
6 | 217927 | 0.235 |
11 | 343335 | 0.230 |
2 | 134872 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 227500 | 3 |
0.255 | 216281 | 9 |
0.260 | 750272 | 12 |
0.265 | 1777271 | 13 |
0.270 | 1215147 | 17 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
25.0¢ |
  |
Change
-0.015 ( 3.85 %) |
|||
Open | High | Low | Volume | ||
26.0¢ | 26.5¢ | 24.5¢ | 2966427 | ||
Last updated 15.59pm 13/05/2024 ? |
Featured News
LRS (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online