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
80.0¢ |
Change
-0.055(6.43%) |
Mkt cap ! $152.6M |
Open | High | Low | Value | Volume |
85.0¢ | 85.0¢ | 79.5¢ | $910.8K | 1.120M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7133 | 79.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 29515 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1221 | 0.795 |
4 | 65670 | 0.790 |
2 | 23802 | 0.785 |
1 | 50000 | 0.780 |
1 | 60000 | 0.775 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 29515 | 1 |
0.815 | 39854 | 2 |
0.830 | 10000 | 1 |
0.835 | 3300 | 1 |
0.845 | 1028 | 1 |
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