" I am sure that many DFS reports that come out will have a price for SC6% of at least US$1500 as a long term assumption.
That would make WR1 a viable project."
And that is exctly the point!
Current gold price is about US$ 2000.
If a write DFS studies of 150% of the current spot, ie US$ 3000 how many of the gold juniors will have a viable project? Most I guess.
What makes it more acceptable for lithium juniors that gold juniors to use a mine lifecycle commodity price that is higher than current spot? What banker will even think about that?
WR1 General Discussion, page-24902
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Last
58.5¢ |
Change
-0.030(4.88%) |
Mkt cap ! $129.5M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 56.5¢ | $184.5K | 318.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23140 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 4180 | 4 |
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| Last trade - 13.43pm 04/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |