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$15.14 wa1 resources ltd

Ann: June 2023 Quarterly Activities and Cash Flow Report, page-47

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Naydoe

1,450 Posts.

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27/07/23

13:01

Post #: 69013596
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Originally posted by aubin: ↑

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.

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WA1 Price at posting: $6.74 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $15.14		Change -0.190(1.24%)		Mkt cap ! $919.4M

Open	High	Low	Value	Volume
$15.25	$15.31	$14.62	$4.495M	299.6K

Buyers (Bids)

No.	Vol.	Price($)
2	241	$15.10

Sellers (Offers)

Price($)	Vol.	No.
$15.13	1287	2

View Market Depth

No.	Vol.	Price($)
5	804	15.000
4	797	14.990
3	126	14.980
5	543	14.970
5	342	14.960

Price($)	Vol.	No.
15.020	112	3
15.030	215	4
15.040	59	1
15.060	8	1
15.070	7	1

Last trade - 14.25pm 17/06/2024 (20 minute delay)


Last $15.13			Change -0.190 ( 1.58 %)
Open	High		Low	Volume
$14.89	$15.28		$14.64	12953
Last updated 14.45pm 17/06/2024 ?

WA1 (ASX) Chart

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