AMN 0.00% 15.0¢ agrimin limited

(1) Weight the trench lengths (each trench length / total of...

  1. 406 Posts.
    lightbulb Created with Sketch. 50
    (1) Weight the trench lengths (each trench length / total of 867.5)

    (2) Multiply the weight by the flow rate in m3/hour

    (3) Add up the numbers in (2). This is the weighted average flow into the 867m of trench = 28.28m3/hour

    (4) Solve it for 50m trench length: divide 28.28 / 17.35 = 1.63m3/50m/hour.

    I can't see how this can be wrong? Forgetting that some are posing the argument that a weighted average is the incorrect approach. I think you'll find that your looking at the already extrapolated number; you've already built in the same error.

    It might be an error at all, happy to be proved wrong!
 
watchlist Created with Sketch. Add AMN (ASX) to my watchlist
(20min delay)
Last
15.0¢
Change
0.000(0.00%)
Mkt cap ! $60.70M
Open High Low Value Volume
15.0¢ 15.0¢ 14.5¢ $17.40K 116.2K

Buyers (Bids)

No. Vol. Price($)
1 15000 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 49403 2
View Market Depth
Last trade - 15.34pm 29/11/2024 (20 minute delay) ?
AMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.