A rough comparison on the value of the stuff in the ground:
N27:
500.000 ton * 0,17% cobalt = 850t cobalt
At 68000$/t this would be only 58 million.
Is this company not a bit expensive with a market cap of 29M?
Let's compare with COB:
54.000.000 ton * 0,091% cobalt = 49140t cobalt
At 68000$/t this would be 3.3B. Market cap of COB is 56M
What am I missing at this big a margin?
A rough comparison on the value of the stuff in the ground: N27:...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.22M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 41795274 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10485604 | 20 |
View Market Depth
| Last trade - 16.20pm 25/06/2024 (20 minute delay) ? |
| RML (ASX) Chart |
Day chart unavailable