WSR 0.00% 0.8¢ westar resources limited

WeStar ranks no1 on Miner Deck's weekly gold intercept ranking

  1. 1,470 Posts.
    lightbulb Created with Sketch. 70
    A little bit more interest today..... very little but a start .......
  2. 4 Posts.
    lightbulb Created with Sketch. 2

    Yep! Not quite sure why this one hasn't gone nuts yet. Historical drilling shows a very large orebody. Ramelius are not interested in anything but large orebodies. This is exactly why they showed interest in it. First round of drilling confirmed it. Gold companies don't wait until all the drilling is done to see if it makes money. This WILL be a large mine and the exploration potential has not even be thought of yet. Let's say they define half a million ounces and WSR decide to retain their 25%. That's $125M profit if it costs $1500/t to mine and process. These guys can afford to sit back and do absolutely nothing - just wait for Ramelius to make them an offer (which they will - mad if they don't!). I hope they continue to explore though as some of the ground has good potential - which is why I'm in now.


 
watchlist Created with Sketch. Add WSR (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $3.189M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $2.079K 253.4K

Buyers (Bids)

No. Vol. Price($)
5 325370 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 1868855 4
View Market Depth
Last trade - 15.58pm 19/07/2024 (20 minute delay) ?
WSR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.