MTB
3.3 million ounces of silver is a substantial amount! Let’s break it down:
- Weight of Silver: If we consider each ounce of silver, it weighs approximately 28.35 grams (since 1 troy ounce is equivalent to 31.1035 grams). Therefore, 3.3 million ounces of silver would weigh approximately:
[ \text{Weight of silver} = 3.3 \times 10^6 , \text{ounces} \times 28.35 , \text{grams/ounce} = 93,555,000 , \text{grams} ]- Value of Silver: The value of silver fluctuates based on market prices. As of now, let’s assume a conservative estimate of $25 per troy ounce1. Using this value, the total value of 3.3 million ounces of silver would be:
[ \text{Value of silver} = 3.3 \times 10^6 , \text{ounces} \times $25/\text{ounce} = $82,500,000 ]
Silver vs. Gold: Although often considered gold’s “poorer cousin,” silver shares a positive correlation with gold prices, albeit with a lag. As gold performs well, silver tends to follow suit
MTB 2m Mkt cap .002c
Market will wake up, upside is enormous
+ Gallium & Germanium
The Kihabe and Nxuu deposits together hold indicated and inferred 2004 JORC compliant resources totaling 25 million tonnes with 3% Zn/Pb and approximately 3.3 million ounces of Silver at Kihabe
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Last
0.5¢ |
Change
-0.002(28.6%) |
Mkt cap ! $2.128M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.5¢ | $27.06K | 4.938M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 8583733 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 400677 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 8583733 | 0.004 |
7 | 10645000 | 0.003 |
8 | 15557500 | 0.002 |
6 | 49000001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 400677 | 2 |
0.006 | 2515244 | 5 |
0.008 | 1350000 | 2 |
0.010 | 702041 | 4 |
0.011 | 290000 | 2 |
Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
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