its beercoaster math time
Rio sells a 1.5 million tonne a year salt mine with a 1 million tonne a year gypsum mine - lets assume the salt is 66% of the value because I feel like it.
That means its selling for 165 dollars a tonne for the salt component (250 if gypsum added in).
Multiply the 165 by Mardies 5.35 million tonne salt and you get 882,750,000 which is what, about the market cap currently
Not factoring Potash upside of course - but interesting
its beercoaster math timeRio sells a 1.5 million tonne a year...
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Last
34.0¢ |
Change
-0.010(2.86%) |
Mkt cap ! $981.7M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.0¢ | $166.4K | 481.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 326149 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 82472 | 4 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| BCI (ASX) Chart |