did you mean to type (multiply 4.8 billion by 0.70) instead of divide?
your estimates super super low but even with that it dont take much to see this will be a cash cow.
resource estimate if drilling approved will be 50 plus years mine life.
cost industry benchmark for sedimentary is up to $4000usd a tonne...we dont know what ours will be but they have stated main cost sulfuric acid.
they have stated that this cut by 2/3rds in flowchart so you gotta assume if you factor in less ore removal & product not being transported far that costs potentially substantial...
i know people might panic today but nothing in fundamentals has changed for AZL for months.
did you mean to type (multiply 4.8 billion by 0.70) instead of...
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1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.05M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.6¢ | $37.62K | 2.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 6218058 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 5165892 | 2 |
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| AZL (ASX) Chart |