WR1 is sitting at approx $317m market cap fully diluted. All things considered, we are still at an early stage and imo, this valuation is remarkeble considering the limited assays released so far. I honestly never expected this valuation at this stage and dont believe it has sold off.
PMT got annihilated post a few days from listing after hitting a high of around $1.85 from memory whilst WR1 was surging.
PMT's last assays were remarkeable, freaky actually and its now re-rating after covereage from brokers and a general recovery in the lithium sector.
As mentioned previously, PMT are looking at delivering a 200mt resource mid year and applying $150mt per every 10mt, gives a valuation of around $3B, so it could double from here.
WR1 at this, its way too early to predict the size of the conbined deposits but lets say based on the info we have a ballpark figure of 20mt could be announced mid year, however they'll need to get cranking on drilling.
20mt x 150mt gives a valuation of around $300m. If we get lucky on strike extensions & depth, then 40mt is possible, so we could also double from here.
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-5924
-
- There are more pages in this discussion • 25,909 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
|
|||||
Last
48.0¢ |
Change
-0.005(1.03%) |
Mkt cap ! $103.8M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 47.5¢ | $368.9K | 757.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49964 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 6310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49964 | 0.480 |
6 | 26658 | 0.475 |
3 | 131234 | 0.470 |
4 | 91721 | 0.465 |
1 | 12800 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 6310 | 1 |
0.500 | 22353 | 1 |
0.505 | 902 | 1 |
0.515 | 15800 | 1 |
0.520 | 25000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |