A40 0.00% 8.2¢ alliance mineral assets limited

Hi Sydney guyDon't get too excited about your 36000 pounds of...

  1. 200 Posts.
    lightbulb Created with Sketch. 164

    Hi Sydney guy


    Don't get too excited about your 36000 pounds of tantalum


    Do you understand this from the T.I.C. website?


    To calculate the value of a tantalum mineral,the main principle is that only the quantity of Ta2O5 containedis paid for, not the whole bulk of material. Basically the weight of materialis multiplied by the percentage grade e.g. 30%, then multiplied by the pricingrate of X$/lb Ta2O5.Note that while our industry statistics have moved to metric units, thetraditional valuation basis of $/lb Ta2O5 containedis likely to continue.


    Good luck if you don't. On the 31st January we should all find out what was paid for this quarterly production.



 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.