NWC 5.56% 1.9¢ new world resources limited

Ann: RIU Conference Presentation, page-36

  1. 422 Posts.
    lightbulb Created with Sketch. 37
    I recently re-watched some presos from Mike earlier in the year and his stated intent was 10-12m by the end of CY 2022 and it 'may end up being 15-20m ultimately' (or words to that effect) in terms of future upgrades after this year. In one preso he definitely stated its 'flying under the radar' and only SFR has a higher grade copper deposit and NWC has the highest 'undeveloped' grade copper mine (ranked 30 out of 830 global copper mines by highly regarded Paul Howard, Canaccord Analysts, database). Thats impressive!

    Fingers crossed for the week ahead. Fridays price action was certainly interesting but time will tell how things play out this week, and ultimately its the final resource in another 12 months time that will determine ultimate value. You would hope we arent in the 3's much longer haha
    Last edited by leggy: 27/11/22
 
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