Hi all,
For those who are trying to understand WA1’s market cap. A close comparison, although might not be the best one, is GBE. I calculated their fully diluted share base of 506,796,419, including the most recent CR. Their share price as of currently is $0.06 which works out to be approximately $30m mkt cap. However, their top shareholders hold 90% of shares and this one barely trades so it’s hard to make anything out of it. They have JORC mineral resource of 68.3Mt of 2830ppm (0.283%) Nb2O5, and 135ppm (0.0135%) of Ta2O5. Reserve of 33.8Mt at 3048ppm (0.3048%) Nb2O5, and 141ppm Ta2O5 (0.0141%). I would encourage everyone to check out their presentation,
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
Looks like their mineralisation is also pyrochlore, so similar to ours. Bear in mind their project is in Malawi, Africa.
Ann: West Arunta Project - High Grade Nb-Ta in Weathered Zone, page-259
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Last
$14.65 |
Change
0.850(6.16%) |
Mkt cap ! $950.2M | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.71 | $13.98 | $3.732M | 259.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 926 | $14.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.65 | 1679 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |