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.
What is letting things down at the moment is the ore grade is...
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Last
11.5¢ |
Change
0.046(66.7%) |
Mkt cap ! $15.17M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 15.5¢ | 11.0¢ | $4.831M | 35.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 908332 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 239001 | 4 |
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| Last trade - 16.14pm 25/07/2025 (20 minute delay) ? |
| ALB (ASX) Chart |