This is a ridiculous comparison, and if people are using this sort of crap and wondering why they arent valued closer to PMT need to rethink their investment research.
PMT used a pit constrained MRE, if they went by the same rules, PMTs deposit is more likely 3 times the size, and then theres the grade. 1.1% compared to 1.42% is a hell of a big difference.
Now with the MRE increase from both companies, very soon no doubt PMT will be closer to 200mt at 1.4% and maybe 250mt using a non pit constrained resource. WR1 maybe what? 80mt @ 1.1-1.2% at the most?
This is why PMT is valued 4 times higher then WR1, not to mention the land package potential between the 2 in regards to further potential.
Do i think WR1 is a buy? Yes, i think WR1 should be valued at 500mil and eventually 1bil, but i also think being valued 4 times cheaper then PMT should be a thing also.
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $162.2M |
Open | High | Low | Value | Volume |
75.5¢ | 76.0¢ | 74.0¢ | $225.6K | 302.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 13852 | 74.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.5¢ | 6032 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 13852 | 0.745 |
6 | 30891 | 0.740 |
5 | 41903 | 0.735 |
6 | 51354 | 0.730 |
4 | 39529 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.755 | 6032 | 7 |
0.760 | 32629 | 6 |
0.765 | 10568 | 3 |
0.780 | 37066 | 3 |
0.785 | 12736 | 2 |
Last trade - 14.18pm 05/07/2024 (20 minute delay) ? |
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