This market fails to distinguish between low grade and low margin.
What is important is high margin , which BBX (REE project) has. High grade is only used as an indicator for high margin. High grade not required here because of somple inexpensive processing amonium sulphare leaching.
Not to be confused with the Bio leaching PGM project which is also high margin but high grade . Because of the high grade the Capex is relatively low in comparison to output.
In both projects higher margins point to lower risks.
Ann: Drilling at Ema continues to deliver positive REE results, page-4
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Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $9.968M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.543K | 461.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 202125 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 689063 | 2 |
View Market Depth
| Last trade - 15.32pm 17/09/2024 (20 minute delay) ? |
| BCM (ASX) Chart |