Usually, these guys do not research at all. For instance, comparing the value per tonne of ore. From memory, CHN is about $80, whereas WA1 is at least $450. Double that I'd f you can mine the 2% material. The rock is soft, so mining and processing costs are lower.
I keep saying $50 is the minimum, which is still only $3bn MC.
Ann: West Arunta Project - Luni Assay Results, page-302
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.35 |
Change
0.490(3.30%) |
Mkt cap ! $995.6M | |||
| Open | High | Low | Value | Volume |
| $14.99 | $15.85 | $14.96 | $8.546M | 553.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1896 | $15.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.40 | 2726 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |