At current market rate of $300 AUD/ton for the ultra bright Kaolin, the gross earning potential of Noombenberry is at $36.9 BILLION (or $1.75B market cap potential if you consider a 20 year mine life, although profitability is a key question so this is kind of the upper end of valuation). Exciting nonetheless!
My own basic analysis at first scan. DYOR!
Ann: Maiden JORC Mineral Resource - Noombenberry Project, page-30
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.3¢ | 19.8¢ | $2.378M | 11.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 5113548 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 427606 | 3 |
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| Last trade - 12.33pm 10/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |