SER 6.25% 1.5¢ strategic energy resources limited

My understanding is they can concentrate at the plant to 94/97%...

  1. 19,584 Posts.
    lightbulb Created with Sketch. 4970
    My understanding is they can concentrate at the plant to 94/97% and did so previously. There's a little bit in one of the older reports that says previous production earned a reputation for high quality.

    According to the Focus CEO they can add another stage to the onsite processing for $10m that will take the purity to 99%.

    I thought I heard him put a value of $45K a tonne on this 99% product but I haven't been able to verify that anywhere as the high end stuff only trades on a spot market.

    As I understand it most of the new high tech apps require high purity, coarse flake (partly to reduce wastage) and Uley has both in spades.

    Interestly 40% of China's production is low value fines and they import coarse from N Korea.
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $10.03M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $19.76K 1.281M

Buyers (Bids)

No. Vol. Price($)
22 5119090 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1775295 4
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
SER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.