My limited understanding of the 540m tonnes from Geo’s post is that is from an area of 1km x 1km x 200m. If you assume only 0.2% nickel you get just over 1m tonnes of nickel which at around $30,000 a tonne is $30B of in ground value.
It could be more with credits and if the nickel grades 0.3% to 0.4% instead.
- Forums
- ASX - By Stock
- WMG
- Ann: Phase 2 Drilling has Commenced at Mulga Tank
Ann: Phase 2 Drilling has Commenced at Mulga Tank, page-41
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMG (ASX) to my watchlist
|
|||||
Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $20.22M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 25.0¢ | $5.077K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37692 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 10023 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37692 | 0.250 |
4 | 75781 | 0.240 |
1 | 29000 | 0.235 |
1 | 8000 | 0.230 |
1 | 3200 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 10023 | 2 |
0.275 | 22008 | 2 |
0.285 | 11196 | 1 |
0.295 | 20000 | 1 |
0.300 | 20000 | 1 |
Last trade - 13.24pm 26/07/2024 (20 minute delay) ? |
Featured News
WMG (ASX) Chart |