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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Lets not forget that SUM has both Niobium and Tantalum. And that...
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Last
26.0¢ |
Change
-0.015(5.45%) |
Mkt cap ! $21.92M |
Open | High | Low | Value | Volume |
27.5¢ | 27.5¢ | 26.0¢ | $149.7K | 565.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36869 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26869 | 0.260 |
5 | 64021 | 0.255 |
5 | 81004 | 0.250 |
5 | 374644 | 0.245 |
3 | 72500 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 10000 | 1 |
0.270 | 16738 | 2 |
0.275 | 70000 | 1 |
0.280 | 97500 | 3 |
0.285 | 59393 | 4 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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SUM (ASX) Chart |