I was thinking particularly of a sale price for a resource, a buyer of that resource could conceivably pay 5% of the JORC resource for the costs and risks and time factor associated with mining, processing and shipping of the product. So I agree, if the buyer spent say $80m in capex, plus the costs of adding value in mining, processing and shipping (I can't quantify that), plus 30% ROI would need to add up to at least $288m. Of course there would be upside and downside risks in the product price over time amongst other things. There would be an added benefit of a likelihood of nearby resources (a bird in the bush . .)
- Forums
- ASX - By Stock
- Ann: Sinclair Nickel - Talisman Maiden JORC Mineral Resource
I was thinking particularly of a sale price for a resource, a...
-
- There are more pages in this discussion • 4 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 TLM (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $37.66M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $40.21K | 205.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22700 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 2541 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22700 | 0.190 |
6 | 38408 | 0.185 |
5 | 160001 | 0.180 |
1 | 30000 | 0.175 |
2 | 33500 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 2541 | 1 |
0.205 | 12000 | 1 |
0.215 | 60000 | 2 |
0.235 | 16328 | 3 |
0.240 | 40000 | 1 |
Last trade - 13.32pm 23/08/2024 (20 minute delay) ? |
Featured News
TLM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online