A rough comparison on the value of the stuff in the ground:
N27:
500.000 ton * 0,17% cobalt = 850t cobalt
At 68000$/t this would be only 58 million.
Is this company not a bit expensive with a market cap of 29M?
Let's compare with COB:
54.000.000 ton * 0,091% cobalt = 49140t cobalt
At 68000$/t this would be 3.3B. Market cap of COB is 56M
What am I missing at this big a margin?
- Forums
- ASX - By Stock
- RML
- Expensive?
Expensive?
- There are more pages in this discussion • 21 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 RML (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.22M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 69731603 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 15623797 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
64 | 69731603 | 0.002 |
24 | 35144712 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 15623797 | 20 |
0.004 | 6064145 | 8 |
0.005 | 2934122 | 9 |
0.006 | 2150001 | 3 |
0.008 | 450000 | 1 |
Last trade - 16.12pm 17/06/2024 (20 minute delay) ? |
Featured News
RML (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online