As usual these days there are nay-sayers here to push the price back - either for a high value actor or themselves.
Plough - who should have done his research because he knows better, assumes 'they are getting $6000 for 100% monazite'.
But he knows he is wrong and admits he is ignorant - typical monazite concentrate is 30% - 50% And check Iluka who has another source similar to Ark Mines - last time I checked, Iluka was saying $30,000 for 30% concentrate.
Note. Iluka's source is a tailings dump left over from processing of other heavy minerals - Its large but miniscule by comparison with AHK's 1.5 billion tonne Exploration Estimate.
@Kenny Powers also should know better than raising the point that there will need to be a raise (he says $3 mill) to mine and gravity process the sand. Thereby raising the fear of dillution !!!
LOL - Hey Kenny answer this please - how do you dilute the value of a deposit of 1.3 BILLION tonnes grading (say, taking Plough's number) 0.3% and valued at $30,000 for 30% concentrate.
I'm happily buying - and don't need to bash the price, its already a bargain. DYOR.
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $12.57M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 19.0¢ | $11.90K | 62.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37351 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37351 | 0.190 |
1 | 23573 | 0.185 |
1 | 29999 | 0.180 |
1 | 25000 | 0.160 |
2 | 29999 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 20000 | 1 |
0.220 | 29955 | 1 |
0.225 | 21222 | 2 |
0.230 | 40000 | 1 |
0.240 | 4000 | 1 |
Last trade - 11.32am 28/07/2025 (20 minute delay) ? |
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