NWR 0.00% 0.6¢ northwest resources limited

how much is gold worth, page-2

  1. 18,914 Posts.
    lightbulb Created with Sketch. 166
    No. Just cant get the gold out as there isn't enough of it at the moment.

    So the question is how much money to spend drilling it out?
    After so many years, we could still be looking at another 2 years at this rate.

    Unfortunately the industry cost of drilling is escalating far faster than the gold price thanks to all the gouging going on in the industry.

    A gold bar in the hand is worth 10 in the reef.

    Only chance of fresh interest in NWR is through exploration elsewhere or new JV's / projects.

    They are cashed up, so with a bit of nous it shouldnt be a problem.
 
watchlist Created with Sketch. Add NWR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.