exactly jellybelly, setting your hopes too high usually leads to disappoint.
If they find high grade (say 3-4%) then volume will be key imo.
Higher the grade the better though as it’ll cost the same amount to get a 3% Ni grade out of the ground as what it would 6% Ni grade and the processing plants will be fighting for it.
I imagine that 6% Ni grade would be worth double that of a 3% Ni grade as there would be twice the Ni content.
So the way I see it is the higher the grade, the more free money ESR will receive.
exactly jellybelly, setting your hopes too high usually leads to...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.14M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $25.29K | 1.842M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5110125 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1261133 | 2 |
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| Last trade - 13.06pm 01/11/2024 (20 minute delay) ? |
| ESR (ASX) Chart |