Higher grade mined first ... 60mt x 65% recovery = 39mt x 2% x US$45K/t = $35.1b x 5% in-situ value today = US$1.76b/A$2.62b / 61m shares = $43.
Add a bil$ for lower grade ore and other potentially valuable elements, and call it A$75/share.
That's my number, subject to definitive MRE/Mets.
Higher grade mined first ... 60mt x 65% recovery = 39mt x 2% x...
Add WA1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.70 |
Change
0.200(1.29%) |
Mkt cap ! $950.7M | |||
| Open | High | Low | Value | Volume |
| $15.35 | $15.81 | $15.25 | $770.6K | 49.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 199 | $15.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.69 | 80 | 3 |
View Market Depth
| Last trade - 10.20am 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$15.52 |
Change
0.200 ( 0.47 %) |
||||
| Open | High | Low | Volume | ||
| $15.35 | $15.81 | $15.34 | 632 | ||
| Last updated 10.41am 14/06/2024 ? | |||||
| WA1 (ASX) Chart |