EMC 4.00% 13.0¢ everest metals corporation ltd

Ann: Mt Edon Drilling Results Confirm High Grade Rubidium, page-101

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,877 Posts.
    lightbulb Created with Sketch. 1481
    Pure comedy - so you really think they are going to mine that deposit purely for Rubidium, and not as a (very insignificant) by product like every other supplier of it does.
    Your random $3500 report which you did not buy nor read, seems to infer the market for it is around 1000x the size of what every other citation does, which to me would suggest someone got their kg and tonnes mixed up.
    But even if the global market for it was worth $6bn instead of $6m. Show me with some back of an envelope calcs how you think mining specifically for rubidium would work economically?
    It doesn't.
    Forget about this deposit.
 
watchlist Created with Sketch. Add EMC (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $24.21M
Open High Low Value Volume
13.0¢ 13.0¢ 13.0¢ $31.19K 239.9K

Buyers (Bids)

No. Vol. Price($)
1 11021 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 196142 5
View Market Depth
Last trade - 14.32pm 13/11/2024 (20 minute delay) ?
EMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.