What is letting things down at the moment is the ore grade is still so low - look at the last 2 quarterlies and you will see that grades have been 75% of forecast at about 0.68% Ni. For costs to come down and income to rise to where they should be grades need to be around 1%. I think the new life of mine plan should shed some light on the true value of this and the cash flows we should expect in the future; if the quarterly is to be believed when it is published it should turn a few heads.
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Last
9.9¢ |
Change
-0.016(13.9%) |
Mkt cap ! $12.92M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 9.6¢ | $522.4K | 4.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46077 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 68180 | 2 |
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| Last trade - 13.10pm 28/07/2025 (20 minute delay) ? |
| ALB (ASX) Chart |