My limited understanding of the 540m tonnes from Geo’s post is that is from an area of 1km x 1km x 200m. If you assume only 0.2% nickel you get just over 1m tonnes of nickel which at around $30,000 a tonne is $30B of in ground value.
It could be more with credits and if the nickel grades 0.3% to 0.4% instead.
- Forums
- ASX - By Stock
- WMG
- Ann: Phase 2 Drilling has Commenced at Mulga Tank
Ann: Phase 2 Drilling has Commenced at Mulga Tank, page-41
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMG (ASX) to my watchlist
|
|||||
Last
32.0¢ |
Change
0.050(18.5%) |
Mkt cap ! $25.88M |
Open | High | Low | Value | Volume |
27.0¢ | 32.0¢ | 27.0¢ | $47.33K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 1233 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.290 |
1 | 50000 | 0.280 |
1 | 5000 | 0.270 |
1 | 3763 | 0.265 |
1 | 50000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 1233 | 1 |
0.340 | 11857 | 1 |
0.350 | 17857 | 1 |
0.390 | 6000 | 1 |
0.400 | 80000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
WMG (ASX) Chart |