Resource is US $200 at 1.95 billion tonnes at 14.4% as estimated by RIO Tinto in the past. That is only a partial estimate. With a resource valued at over $50 billion dollars a market cap of 15 million is a little low.
At US$50 it was uneconomic but the Adelaide-Darwin railhead changes the profitability and the increased price of phosphate. Rio offloaded this as the numbers didn't add up but retained a 10% clawback if it proved to be viable! They kept that as insurance (smart fellows).
- Forums
- ASX - By Stock
- AEV
- doubling share price announcement
doubling share price announcement, page-3
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add AEV (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $3.3K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5834004 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 154900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5834004 | 0.010 |
4 | 4026000 | 0.009 |
4 | 904999 | 0.008 |
1 | 500000 | 0.007 |
5 | 10755000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 54900 | 1 |
0.012 | 1942510 | 5 |
0.013 | 1674703 | 6 |
0.014 | 2239999 | 3 |
0.015 | 2590146 | 5 |
Last trade - 10.00am 04/10/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |