Hey guys - just wondering what your guesstimates are for the JORC size and release date.
I've just been doing some quick research.
Based on a cost of $220 per MTU (1% of a tonne) for 65% grade WO3 concentrate, this equates to $22000 per tonne.
Watershed aims to produce 4000t, or $88m worth per year for 10 years.
There will be high costs for sure, but this sets up an encouraging P/E situation based on current MC.
resource estimate due soon, page-6
Add VML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $3.647K | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 90614152 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 22533177 | 27 |
View Market Depth
| Last trade - 15.46pm 09/09/2024 (20 minute delay) ? |
| VML (ASX) Chart |