I think Noble Group (Talaxis) had a good idea of the value that might emerge from Cummins Range. Their specialty is in REO and they've invested substantially in the sector over the years. Per our strategic partnership agreement:
Our current market cap is 22m (give or take). We still have the North Parkes JV with KCC, Orange East, Weld North, etc.
Even an eventual $100m sale is nearly 5x our current market cap and as you've stated, the presence of Niobium is a huge positive.
I think Noble Group (Talaxis) had a good idea of the value that...
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.06M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $9.953K | 746.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3517172 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 443903 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| REE (ASX) Chart |