This is a ridiculous comparison, and if people are using this sort of crap and wondering why they arent valued closer to PMT need to rethink their investment research.
PMT used a pit constrained MRE, if they went by the same rules, PMTs deposit is more likely 3 times the size, and then theres the grade. 1.1% compared to 1.42% is a hell of a big difference.
Now with the MRE increase from both companies, very soon no doubt PMT will be closer to 200mt at 1.4% and maybe 250mt using a non pit constrained resource. WR1 maybe what? 80mt @ 1.1-1.2% at the most?
This is why PMT is valued 4 times higher then WR1, not to mention the land package potential between the 2 in regards to further potential.
Do i think WR1 is a buy? Yes, i think WR1 should be valued at 500mil and eventually 1bil, but i also think being valued 4 times cheaper then PMT should be a thing also.
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Last
$1.06 |
Change
0.010(0.95%) |
Mkt cap ! $202.2M |
Open | High | Low | Value | Volume |
$1.05 | $1.06 | 99.5¢ | $1.125M | 1.108M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4977 | $1.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 4043 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4977 | 1.030 |
3 | 18447 | 1.020 |
1 | 3897 | 1.015 |
3 | 16149 | 1.010 |
2 | 5900 | 1.005 |
Price($) | Vol. | No. |
---|---|---|
1.060 | 4043 | 2 |
1.065 | 6682 | 1 |
1.070 | 9500 | 1 |
1.095 | 2659 | 1 |
1.130 | 2362 | 1 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.05 |
  |
Change
0.010 ( 0.00 %) |
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Open | High | Low | Volume | ||
$1.05 | $1.05 | 99.5¢ | 238897 | ||
Last updated 15.59pm 05/06/2024 ? |
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