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?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $34.22M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.1¢ | $340.2K | 6.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2706219 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 327050 | 1 |
View Market Depth
| Last trade - 16.19pm 30/06/2025 (20 minute delay) ? |
| RML (ASX) Chart |