Lets not forget that SUM has both Niobium and Tantalum.
And that Tantalum is worth 4 times as much as Niobium.
Now even at 1% of each there is far more value than just the Niobium alone.
If they weighed the same combined value would be 5 times that of just Niobium.
Given Tantalum weighs nearly twice as much,
That value is multiplied by even more:
Niobium weighs 8 570 kg a Cubic Meter
Tantalum weighs 16 650 kg a Cubic Meter
This means that same one percent grade of Tantalum is around double the weight of 1% Niobium,
Giving it around 8 times the value of 1% Niobium,
And a combined value of 9 times that of Niobium alone.
And that's just with 1% grades for each,
We know Pegmatites usually contain a higher percentage of Tantalum,
Making it likely even a Higher Value of combined grades of Niobium and Tantalum....
Basically 10 times the value of Niobium alone is not out of the question !!!!
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Last
24.5¢ |
Change
0.025(11.4%) |
Mkt cap ! $17.61M |
Open | High | Low | Value | Volume |
22.5¢ | 27.0¢ | 22.5¢ | $419.9K | 1.672M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 41457 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 92258 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 21457 | 0.245 |
2 | 75000 | 0.240 |
3 | 28131 | 0.235 |
3 | 124100 | 0.230 |
1 | 2223 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 92258 | 2 |
0.265 | 72255 | 5 |
0.275 | 18639 | 2 |
0.280 | 4000 | 1 |
0.285 | 53000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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SUM (ASX) Chart |