You have not stated how you obtained the $95B value but if you just multiplied the resource by the spot price then I hope you are never made responsible for a FID at a mining company. I suggest you take a look at a DFS report for another company so that you can see the various factors that have to be taken into account when determining the viability of a mine. The DFS will also state an NPV that gives you the best estimate for the value of the mine.
You have not stated how you obtained the $95B value but if you...
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Last
$1.57 |
Change
-0.015(0.95%) |
Mkt cap ! $610.7M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.56 | $6.776M | 4.246M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10448 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 11713 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |