re: Ann: Metal-Pages Shanghai Presentation - ... Tonio
Seems a downbeat assessment based on numbers released in NTU Metal-Pages presentation.
NTU indicate a current basket price of $83/kg.
A current grade of 0.73% with a recovery of 80% or around 6kg/t of recovered product. Current drilling probably will raise the grade when results incorporated.
Thus in-situ value around $500/t of ore.
This has to be discounted for 92% mixed oxides less mining + treatment costs to get a net figure. Await the BFS but v. surprised if not positive on raw figures let alone strategic value of these deposits adding some plusses.
With a total revenue of 3,000,000kg x $83/kg = $250 million/year not a small project with derisking proceeding apace.
- Forums
- ASX - By Stock
- NTU
- Ann: Metal-Pages Shanghai Presentation - 13 Septe
Ann: Metal-Pages Shanghai Presentation - 13 Septe, page-7
-
-
- There are more pages in this discussion • 14 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 NTU (ASX) to my watchlist
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $147.7M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $111.7K | 4.471M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 4778021 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 1130825 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 4778021 | 0.024 |
20 | 3195521 | 0.023 |
13 | 2595023 | 0.022 |
11 | 3705776 | 0.021 |
16 | 3606000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 1130825 | 1 |
0.026 | 1694304 | 2 |
0.027 | 1501165 | 6 |
0.028 | 1011651 | 2 |
0.029 | 52000 | 1 |
Last trade - 14.32pm 03/09/2024 (20 minute delay) ? |
Featured News
NTU (ASX) Chart |