Good point about the resource upgrade GTSman, if they don’t know the actual size of the upgrade just that one is not too far away they may be able to purchase shares? Not too sure.
It's an absolute disgrace that they have not produced a resource upgrade yet, the only reason I am still holding is because like most of us, I believe Wiluna has the potential for a massive resource. So many times I have contemplated selling out but have to remind myself of what is in the ground.
The upside is Portman may force them into showing their true hand with a takeover offer or an attempt to secure an offtake agreement. If PMM are serious about making an offer for GWR they will make a better offer than $2 IMO. Even if they are selling it down, it is obvious that it is undervalued and will not have much support from GWR shareholders.
GWR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
