At current market rate of $300 AUD/ton for the ultra bright Kaolin, the gross earning potential of Noombenberry is at $36.9 BILLION (or $1.75B market cap potential if you consider a 20 year mine life, although profitability is a key question so this is kind of the upper end of valuation). Exciting nonetheless!
My own basic analysis at first scan. DYOR!
Ann: Maiden JORC Mineral Resource - Noombenberry Project, page-30
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Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
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