AXN 0.00% 3.1¢ alliance nickel limited

cheapest nickel stock on asx

  1. 3,823 Posts.
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    tour,

    Here's another way of looking at it:

    Contained Ni metal in-ground:

    GME 364kT
    Minara 992kT
    Mirabela 204kT
    Oxiana 310kT
    Jubilee 263kT
    Mincor 90kT
    Sally Malay 93kT
    Poseidon 27kT

    Enterprise value per tonne Ni
    GME $448
    Minara $2475
    Mirabela $2475
    Jubilee $7466
    Mincor $8717
    Sally Malay $10445
    Poseidon $21727

    Now GME is some way behind in maturity, but based on resource value alone I think market cap is way too low..
 
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1 500000 3.2¢
 

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Price($) Vol. No.
3.3¢ 492416 1
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Last trade - 16.12pm 06/09/2024 (20 minute delay) ?
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