ADV 3.85% 12.5¢ ardiden ltd

Ann: More Thick Zones of Spodumene-Bearing Pegmatite at Seymour, page-28

  1. 1,345 Posts.
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    Perhaps - I've no idea about mining

    Lets look at the figures with different %s

    Column 1 Column 2 Column 3 Column 4
    0 VOLUME (80%) % $ per tonne Revenue
    1 16,000,000 6.5 $1,000 $16,000,000,000
    2 16,000,000 6 $900 $14,400,000,000
    3 16,000,000 5.5 $800 $12,800,000,000
    4 16,000,000 5 $700 $11,200,000,000
    5 16,000,000 4.5 $600 $9,600,000,000
    6 16,000,000 4 $500 $8,000,000,000

    Still seems to be ADV is well, well under-valued???
 
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