cost of to produce $6.91 current nickel spot price $11.83 that is a good margin.
If you compare to mirabela cost per lb is higher at $7.50 with nickel recovery of only .50
Also have a good look a the last q and you will see ALB was cash positive.
IMO I think the sp is undervalued.
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Last
11.5¢ |
Change
0.046(66.7%) |
Mkt cap ! $15.17M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 15.5¢ | 11.0¢ | $4.831M | 35.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 908332 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 239001 | 4 |
View Market Depth
| Last trade - 16.14pm 25/07/2025 (20 minute delay) ? |
| ALB (ASX) Chart |