We can estimate from the following aspects:
1 Grade: extremely good, more than 20 samples from different locations, each 3kg. Average
35%Nb + 20% Ta + 4000ppm Nd + 590ppm Tb
1Ta = 6Nb =13Sb
mth reported the globally significant one hole drill result: 7m @144g/t Au + 1162g/t Ag
To compete with this result, SUM will have drill result 1.21m. It is possible SUM can achieve this result as we can see several places have the potential. (Photos below) . We need be patient to wait the drilling results.
2 Volume: all the samples are taken from various locations across 10km length tenement. A lot of photos and videos have shown the abundance. The on site manager and expert has reported in his article.
3 Production: the cost of mining should be very low because the highly concentrated minerals and from surface. Easy access, water, and power. Modern technology + historical mining experience. Production will be started as early as next year.
We can estimate from the following aspects:1 Grade: extremely...
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $22.34M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.5¢ | $32.89K | 123.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 150346 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 46850 | 3 |
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| Last trade - 10.30am 27/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |