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.
Usually, these guys do not research at all. For instance,...
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Last
$20.17 |
Change
0.790(4.08%) |
Mkt cap ! $1.237B | |||
| Open | High | Low | Value | Volume |
| $19.20 | $20.37 | $19.19 | $6.864M | 345.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1598 | $20.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.29 | 900 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$20.28 |
Change
0.790 ( 5.36 %) |
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| Open | High | Low | Volume | ||
| $19.86 | $20.36 | $19.64 | 2201 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| WA1 (ASX) Chart |