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re: Ann: Merlin Resource - World's highes... Am I reading this...

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  1. juggernauts
    599 Posts.
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    21/04/09
    12:19
    Post #: 5034160
    re: Ann: Merlin Resource - World's highes... Am I reading this correctly?

    Rheniums global production is 50 tonnes per year,

    Yet their using the spot price to pull out an in ground value of A$6.4bil (50/50 Re/Mo). Seems a bit of a ramp, considering what impact even a small increase in production of Re would have the price.
    IVA Price at posting: $1.62 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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