re: Ann: Metal-Pages Shanghai Presentation - ... Tonio
Seems a downbeat assessment based on numbers released in NTU Metal-Pages presentation.
NTU indicate a current basket price of $83/kg.
A current grade of 0.73% with a recovery of 80% or around 6kg/t of recovered product. Current drilling probably will raise the grade when results incorporated.
Thus in-situ value around $500/t of ore.
This has to be discounted for 92% mixed oxides less mining + treatment costs to get a net figure. Await the BFS but v. surprised if not positive on raw figures let alone strategic value of these deposits adding some plusses.
With a total revenue of 3,000,000kg x $83/kg = $250 million/year not a small project with derisking proceeding apace.
re: Ann: Metal-Pages Shanghai Presentation - ... TonioSeems a...
-
- There are more pages in this discussion • 14 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 NTU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.0¢ |
Change
0.001(3.45%) |
Mkt cap ! $177.3M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 3.0¢ | $15.95K | 532.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1352132 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 317104 | 4 |
View Market Depth
| Last trade - 15.42pm 26/07/2024 (20 minute delay) ? |
| NTU (ASX) Chart |