btw I think at this point a buyout at 800m aud would probably be successful, but probably not derisked enough for anyone to make a play.
That'll change once there is some certainty about haul road timeframe (my guess: completed by H2 2026), and pit-constrained reserve size (my guess 50-60mt @ 1.25% by EOY), and to a lesser extent, cost and time to repurpose the Reynard plant (my guess <$100m and <1yr).
Thoughts?
Ann: Exclusive option to Acquire Renard Project, page-429
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Last
51.0¢ |
Change
0.005(0.99%) |
Mkt cap ! $110.3M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 52.0¢ | 48.5¢ | $265.1K | 527.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7822 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 7565 | 2 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |