Hey mechanic, the Announcement " Helikon and Rubicon stockpiles Upgrade to Mineral resources" stated there were 0.27 million tonnes of indicated stockpiles at Rubicon these were divided into 4 stockplies of varying degree of LiO2 concentration starting with 0.6% and 2 stockpiles of 0.9% and 0.96% respectively and a more beneficiated stockpile of 0.02million tonnes at 1.38% LiO2 apparently the former owner used some form of Xray sorter. However the first mention of selling these stockpiles was not until the quarterly announced on the 26/4/2023, if it was announced before then I can't find mention of it.
I know at the time of the quarterly I saw a report that unbeneficiated mica ore out of Africa was being sold for $400-$600 tonne, the report indicated that there were plenty of buyers at that price. I don't know what the beneficiated stuff is worth but should be considerably more than that. Even at $400/tonne 0.27million tonnes is $108 million However I think there is a 2% royalty and Namibian corporate taxes are at 37.5% .
- Forums
- ASX - By Stock
- Ann: Chair's Address to Shareholders
Hey mechanic, the Announcement " Helikon and Rubicon stockpiles...
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $8.936K | 2.897M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 45368227 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 54853761 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 45368227 | 0.003 |
197 | 262935760 | 0.002 |
53 | 227740135 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 44853761 | 47 |
0.005 | 8849255 | 19 |
0.006 | 14845261 | 15 |
0.007 | 25981991 | 8 |
0.008 | 2627232 | 4 |
Last trade - 11.25am 22/05/2024 (20 minute delay) ? |
|
|||||
Last
0.4¢ |
  |
Change
-0.001 ( 16.7 %) |
|||
Open | High | Low | Volume | ||
0.4¢ | 0.4¢ | 0.4¢ | 460000 | ||
Last updated 11.25am 22/05/2024 ? |
Featured News
LPD (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
Previous Video
Next Video
SPONSORED BY The Market Online