CAY 8.20% 16.5¢ canyon resources limited

I have a contact who manages logistics for Rio iron ore trains...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 369 Posts.
    lightbulb Created with Sketch. 69

    I have a contact who manages logistics for Rio iron ore trains in the Pilbara; 0.5c / km running costs not including capital costs. 

    Of course they move 300 million tonnes pa, but still it appears freight can be very cheap. 0.5c x 650km = $3.25/t

    Last edited by Patron: 16/11/18
 
watchlist Created with Sketch. Add CAY (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.013(8.20%)
Mkt cap ! $127.2M
Open High Low Value Volume
15.0¢ 17.0¢ 15.0¢ $624.9K 3.970M

Buyers (Bids)

No. Vol. Price($)
1 98086 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 585778 3
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
CAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.