you missed the mainpoint:: 300,000 higher grade shallow resource for potential 3rd party treatment. What this means: they can hire a crew[ which are now a dime a dozen] dig shallow pits[ costs of oil is quite reasonable now] and truck to a nearby plant for treatment. Even if their costs are $800/ ounce- and they should be much much less- that leaves $4-$500/ ounce profit. $400x 300,000
ounces=a whopping amount of cash. There are no start up costs to do this, and no capital investment either. pretty shrewd........
- Forums
- ASX - By Stock
- MAT
- an update! finally
an update! finally, page-2
-
-
- There are more pages in this discussion • 13 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 MAT (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.76M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $1.095K | 43.78K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 61208 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 61750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 61208 | 0.025 |
3 | 562000 | 0.024 |
3 | 480000 | 0.022 |
1 | 24000 | 0.021 |
2 | 500358 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 179100 | 1 |
0.030 | 96699 | 2 |
0.031 | 9874 | 1 |
0.032 | 95000 | 1 |
0.033 | 30000 | 1 |
Last trade - 10.59am 28/06/2024 (20 minute delay) ? |
Featured News
MAT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online