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
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Last
$15.09 |
Change
-0.240(1.57%) |
Mkt cap ! $919.4M | |||
| Open | High | Low | Value | Volume |
| $15.25 | $15.31 | $14.62 | $5.179M | 344.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124 | $15.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.10 | 190 | 6 |
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| Last trade - 15.45pm 17/06/2024 (20 minute delay) ? |
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Last
$14.98 |
Change
-0.240 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| $14.89 | $15.28 | $14.64 | 19543 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
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