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8.11% 4.0¢ vrx silica limited

Silica Sand prices for low Fe impurity, page-10

  1. dbd25
    6,577 Posts.
    lightbulb Created with Sketch. 2455
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    23/03/21
    14:49
    Post #: 51976660
    So if VRX was able to get ~US$190/t (~A$250/t) from a Japanese customer for their best
    photovoltaic grade sand product, surely they'd more than happy to put it into bulk bags
    at the end of processing ? What's the problem ? The base processing cost is ~A$30/t
    plus the cost of bagging. That would still be a profit margin of circa 85% !!

    All IMHO, DYOR

    VRX Price at posting: 31.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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