As you all know, a Troy ounce is a unit of measure for weighing precious metals that goes back to the Middle Ages. For instance the spot price of 99.9% silver has climbed to around $31.00 AUD per Troy ounce (ozt) from less than $8.00 just 15 years ago.
According to the Perth Mint, 1 Troy Ounce (ozt) = 31.10347 grams. Or one kilogram (kg) = 32.1507 Troy ounces.
In case anyone missed it, and if my math is correct, last week the spot price of battery grade lithium carbonate (99.5%) breached $1.00 AUD an ounce when it sailed past $32,150.07 AUD per tonne.
Lithium is not currently classed as a precious metal, due to its relative abundance. I would argue however that a case could be made for it to be classified as one in 99.5% form.
Anyway, thanks for obliging me and I will continue this chat when we reach $2.00 an ounce (300,000 CNY).
Enjoy the ‘green’ day today.
General Discussion AGY, page-1987
Add AGY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $182.5M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $137.7K | 1.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 181814 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 711850 | 22 |
View Market Depth
| Last trade - 10.28am 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
13.0¢ |
Change
0.005 ( 4.00 %) |
||||
| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 13.0¢ | 228305 | ||
| Last updated 10.51am 15/05/2024 ? | |||||
| AGY (ASX) Chart |