NZ
perhaps that is why TSX:FM (First Quantum Minerals) has a market cap of C$12.5bn.
A mkt cap for SBR of about A$300m would see a lot of happy investors.
FM annual Cu production is 445,000 tonnes (plus 45,000 tonnes of nickel). The margin on the nickel production seems to be quite slender, so ignore that. A comparable annual production for SBR proportionate to FM mkt cap and a mkt cap for SBR of $300m would be 1/40 x 445k tonnes, or 11k tonnes. We are hoping for 20kt/yr.
:-)
I added a few last session but the order was not completely filled. Not many loose shares out there at these prices.
brief update, page-50
Add SBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.894M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 634370 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 697500 | 3 |
View Market Depth
| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| SBR (ASX) Chart |
Day chart unavailable