KRR 8.33% 1.3¢ king river resources limited

Ann: Sulphuric Leach Project Focus, page-54

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. 1,226 Posts.
    lightbulb Created with Sketch. 161
    Looking briefly at costs. The cost of Sulfur (from China) is US$250 to 350 per tonne. The cost of Sulphuric Acid is US$200 to $350 tonne; in each case freight is excluded. The atomic weight of sulphur is 32, the atomic weight of sulphuric acid is 100. Oxygen and water are $ free. So 32 tonnes of sulphur will make 100 tonnes of sulphuric acid. So for every 100 tonnes of sulphuric acid produced on site from sulphur there will be a saving of US$12000 to $23000 plus savings in freight and the value of the energy produced from burning sulphur, less the proportionate amortization and maintenance costs of the plant. The Hall's creek mobile belt contains bands of sulphide bearing shales and YAK has pointed out such material is already stockpiled at the nearby Argyle mine, so there may be cost savings to be had by getting sulphur (as iron sulphide) from such materials, rather than importing sulphur. Looks like KRR have an interesting set of calculations to do. But a straight forward numbers game.
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $13.75M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $51.72K 4.296M

Buyers (Bids)

No. Vol. Price($)
3 630000 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1876614 5
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.