There is not even a snowflakes chance in hell that an offer will be entertained. Chris has been around long enough to appreciate that a, at surface, 100mt+ coarse grain deposit is a rarity. We are also at the trough of an 18 month long depressed market. Valuations are at ridiculous levels.
Given our current financial backing, we have time on our sides. Assuming that the team find something of interest in the north or south west we could see another flow through funding arrangement towards the end of the year to continue exploration. I honestly wouldn't be surprised if we had 200mt after they've finished exploring.
It's still very early days mate. I'm in no rush at all.
There is not even a snowflakes chance in hell that an offer will...
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Last
$1.29 |
Change
-0.015(1.15%) |
Mkt cap ! $245.1M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.35 | $1.27 | $636.0K | 489.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1970 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 9000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.28 |
Change
-0.015 ( 2.71 %) |
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| Open | High | Low | Volume | ||
| $1.35 | $1.35 | $1.27 | 129488 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| WR1 (ASX) Chart |