Wurlich - you might like to do some research on the likely average ore density - your choice of 2.5T/m3 in my opinion is too high. I'd say a range of 1.7 to 2.0 is probable, and the 1.9T/m3 that 2ic selected seems reasonable to me. Also the grade is for niobium pentoxide (Nb2O5) not niobium (Nb). Using molecular mass you can calculate that Nb2O5 contains 69.90% Nb by weight. Applying 1.9T/m3 and 69.90% would reduce your share price estimates by 46.9%. I don't mean to be picky about back of the envelope calculations, especially those trying to give a rational single number for share price, but it's probably worth keeping these two factors in mind.
Ann: June 2023 Quarterly Activities and Cash Flow Report, page-45
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.75 |
Change
0.510(3.35%) |
Mkt cap ! $1.012B | |||
| Open | High | Low | Value | Volume |
| $15.00 | $15.75 | $14.87 | $1.915M | 124.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 822 | $15.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.74 | 525 | 4 |
View Market Depth
| Last trade - 14.16pm 31/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |