I think what he's trying to say is a company with lower grades and less resource is worth more than us.
Not that hard to understand.
What I think hes asking is with your comment, explain how the grade cut off has increased when companies like this exist and are still worth more than us
Surely this would be market wide not just WR1
Happy to hear a valid explanation
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Open | High | Low | Value | Volume |
48.0¢ | 49.5¢ | 46.5¢ | $161.0K | 336.4K |
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No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 47.0¢ |
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Price($) | Vol. | No. |
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49.5¢ | 18235 | 1 |
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No. | Vol. | Price($) |
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1 | 30000 | 0.470 |
3 | 42607 | 0.465 |
4 | 89170 | 0.460 |
3 | 14889 | 0.455 |
7 | 152127 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 18235 | 1 |
0.500 | 11121 | 3 |
0.510 | 23101 | 2 |
0.515 | 35000 | 2 |
0.520 | 20000 | 1 |
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