ALB albion resources limited
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Billion dollar company,Value of nickel deposit as per 31 dec...

  1. ITS
    2,357 Posts.
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    12/04/11
    22:40
    Post #: 8256421
    Billion dollar company,

    Value of nickel deposit as per 31 dec 2010 is 27415.00/Ton

    70,000 * 27415 = 1,919,050,000 ( 1.92 Billion Dollars )
    80,000 * 27415 = 2,193,200,000 ( 2.2billion Dollars)
    90,000 * 27415 = 2,467,350,000 (2.467 Billion Dollars)

    Drilling is being continued which will increase the deposit and Mine life. even at current deposit the share price look under value.

    They also have more projects and also looking for more acquisitions as per company last announcement.
    ALB Price at posting: 14.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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