WMG 3.85% 25.0¢ western mines group ltd

Ann: Trading Halt, page-48

  1. 2,687 Posts.
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    Problem is Crusty that whilst management are great on being frugal with $$$ and delivering - the actual value of the resource and amount in the ground (to be mined) hasn't been put out there in any way. It appears from the anns that they are still seeking the deep source (which they are) with the implication that until that is found - uncertainty remains on the economics of the shallow despite the size and also the grade is lowish despite being better that Mt Keith etc. Hence the sp and m/c languish (all IMHO)
 
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25.0¢ 25.0¢ 25.0¢ $7.51K 30.04K

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1 12000 26.0¢
 

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Price($) Vol. No.
27.5¢ 4031 1
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