I think RMS are looking very closely at EVN's Mungari asset.
EVN need the cash.
RMS need the add on.
EVN will become a 45% copper 55% gold producer.
RMS don't appear to be keen on paying upwards of 750m to take control of SPR.
@nordesmic
I'm happy to scale back into WGX on the back of any prolonged share price weakness as the passive funds will at some stage be required to allocate funds into the larger capped entity, this should eventually result in a significant re-rate.
I think RMS are looking very closely at EVN's Mungari asset.EVN...
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Last
$2.27 |
Change
-0.020(0.87%) |
Mkt cap ! $1.075B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.28 | $2.23 | $4.144M | 1.833M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 141947 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 86023 | 30 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$2.27 |
Change
-0.020 ( 1.03 %) |
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| Open | High | Low | Volume | ||
| $2.27 | $2.28 | $2.23 | 459386 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| WGX (ASX) Chart |