EMC 4.00% 12.0¢ everest metals corporation ltd

Ann: Mt Edon Drilling Results Confirm High Grade Rubidium, page-101

  1. 1,850 Posts.
    lightbulb Created with Sketch. 1469
    Pure comedy - so you really think they are going to mine that deposit purely for Rubidium, and not as a (very insignificant) by product like every other supplier of it does.
    Your random $3500 report which you did not buy nor read, seems to infer the market for it is around 1000x the size of what every other citation does, which to me would suggest someone got their kg and tonnes mixed up.
    But even if the global market for it was worth $6bn instead of $6m. Show me with some back of an envelope calcs how you think mining specifically for rubidium would work economically?
    It doesn't.
    Forget about this deposit.
 
watchlist Created with Sketch. Add EMC (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
-0.005(4.00%)
Mkt cap ! $19.71M
Open High Low Value Volume
12.0¢ 12.0¢ 12.0¢ $2.887K 24.06K

Buyers (Bids)

No. Vol. Price($)
5 274322 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 28571 1
View Market Depth
Last trade - 15.51pm 21/06/2024 (20 minute delay) ?
EMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.