MXR 3.57% 2.9¢ maximus resources limited

iron ore company comparison

  1. 3,690 Posts.
    Fats,

    As requested.

    Same as on the coal stocks.

    Its simply the share price * No of shares/ Tonnage

    It doesn't take into account options etc.

    Thus the value per tonne goes up as the companies go from theories about their resource to actually producing.

    It of course doesn't take into account heaps of other variables such as: Type and standard of iron ore, Mining method, Maturity of the project, Infrastructure, Location, Strip ratios, Cash in hand etc.

    The green is the present price and the red is the recent high.

    I have added the table on tonnages and shares issued so anyone eager can point out where I have stuffed up.

    Cheers Bungi2

    Photobucket

    Photobucket
 
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