...1st...alot of Gold miners think that 2 grams of Gold per tonne of ore is good these days (with the much lower hanging fruit now gone).
Gold is now approx. $133 AUD per gram, so around $266 AUD per tonne of processed ore (at 2 gram per ton)..
If SUM is sitting at 0.10% Tantalum and 0.10% Nodium (but rock chips at approx. 20-30% Tantaulum and Nodium), then that comes out approx. $470 per tonne of ore (only 1 kg of Tantalum and 1 kg of Nodium). Twice as much as good Gold per tonne.
Your thoughts???
IMHO /DYOR
SUM Chart, page-1575
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Last
25.5¢ |
Change
0.035(15.9%) |
Mkt cap ! $20.92M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 26.0¢ | 22.0¢ | $263.0K | 1.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12852 | 24.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37748 | 1 |
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| SUM (ASX) Chart |