Australia's largest stock trading and investment forum Australia's #1 stock forum

C7A

Click for more information

0.00%

0.9¢ clara resources australia ltd

Surat's SP party, page-216

First 216 Last

Share
Profile

Follow
vicco11

377 Posts.

141

14/08/19

14:45

Post #: 39990888
Share

Originally posted by vicco11: ↑

We really need semiconductor sales to recover as that's one of tins main uses but it may take for a resolution of the trade war to really ramp back up.

But the good thing for us is that Myanmar is running out of tin.

"Falling production from Myanmar is a trend. Definitely the tin market needs some new large scale mines to be developed. The most promising at the moment is Bisie."

And the other positive for us is -

"An incentive price of $25,000 a tonne is required for many new mine projects to proceed, but the pipeline is thin."

With the Aud being so low and possibly going lower we do not have this issue. We still have excellent margins despite the drop in the price of tin so we can continue to develop and advance both Taronga and Granville and have two producing mines while the others will have fallen behind due to being unprofitable at current prices.

Expand

Even though sales have dropped (in line with the drop in tin) it's still quite healthy and has steadied.

ANW Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

IMA

Issues emerging as Australian companies tackle critical minerals challenge

Tonight's US CPI data could set the tone for November. What are markets expecting?

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

There are more pages in this discussion • 215 more messages in this thread...

First 216 Last

Add C7A (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $2.251M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$9.012K	1.001M

Buyers (Bids)

No.	Vol.	Price($)
1	35867	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	437820	2

View Market Depth

No.	Vol.	Price($)
1	35867	0.009
10	2988919	0.008
4	992855	0.007
4	999161	0.006
4	2250000	0.005

Price($)	Vol.	No.
0.010	437820	2
0.011	789570	5
0.012	81280	3
0.013	944662	2
0.018	185000	1

Last trade - 16.10pm 10/10/2024 (20 minute delay)

C7A (ASX) Chart

SPONSORED BY