PMT's PEA just dropped. It seems they need around ~A$950m just to get Stage 1 going (exclusive of tax credits). That's almost a billion Aussie dollars to get a 2.5 ktpa operation up and running, which is comparable to what WR1 should be able to achieve for around a third of that figure (~$60m in acquisition costs plus around $240m in mine development costs, access road and modifications to Renard.
Can't wait to see our Renard PEA next month, which should demonstrate just how undervalued WR1 is on a like-for-like operational basis.
WR1 General Discussion, page-32345
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Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.5¢ | 57.0¢ | $204.3K | 350.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17212 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 6000 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |