Ive been doing more research on the DSO side of things and the minimum cut off for Phosphate rock for DSO shipment is 27%. We have 76M tonnes (currently) that is suitable for DSO. At our forecast goal of 600,000 T per annum well over 100 years of resource.
There is a lot of interesting old information regarding how little drilling had actually been done. Most of the resource data is from RIO Tinto which didnt really do a lot of drilling back then due to Phosphate rock value bouncing between $45-$80T. Rio need a sustained price of $150T to make it viable 15 years ago, hence why they moved on.
Pretty clear to me why this project has been in limbo for so long until now.
I did find a independent resource valuation at $75M based on the ore price at the time of $45/T.
Ive been doing more research on the DSO side of things and the...
Add AEV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $11.74M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $38.5K | 9.600M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 8759582 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1483862 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
0.5¢ |
Change
0.001 ( 25.0 %) |
||||
| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 1801641 | ||
| Last updated 15.28pm 14/06/2024 ? | |||||
| AEV (ASX) Chart |