Share
4,944 Posts.
lightbulb Created with Sketch. 1599
clock Created with Sketch.
13/03/21
13:39
Share
Originally posted by newB:
↑
WMX is extremely undervalued based on its huge resource/reserve + existing production operation, $125m MC is not even half of many junior gold explorers (with less ounces and no production and facilities). I doubt this value will existing for long before a Takeover offer on the table. Milan and his time is building values around the company, I believe interests will pour in even before the Stage 1 is reached. Last week's dip game me opportunities to pick up a lots cheap shares below $1.10.
Expand
You'd think if a T/O was to be on offer it would be before stage1 is operationally going and especially at these prices. where else can another co buy a company for potentially $350-$450m that has resource, infrastructure and plant and will be scalable?