NWC 0.00% 1.9¢ new world resources limited

Ann: Resources Rising Stars Presentation, page-11

  1. 3,826 Posts.
    lightbulb Created with Sketch. 1588
    I have a feeling he is going hard in the north american market and working on some major cornerstones along with other non dilutive avenues. Capital allocation is tantamount until the worm turns for Copper developers.

    Now that he is at the helm, as he's a mine developer, I'd guess that Antler will be a key focus and the exploration side will be secondary.

    He also is a lot more of an active promoter and has more of a finance lean to his skillset from what I hear from folks that know him and have worked with him in the past, all very complimentary.

    Spend the money where the best bang for buck as a DEVELOPER which is what we are and that's where the best upside comes from when the Cu bull kicks in,(as per that FORAN slide showing biggest returns for low capex developers) not as an explorer. We are at the painful part of the lassonde curve atm.

    You can have an awesome low capex project in a great jurisdiction but if you don't promote it and people don't know who you are, you don't have the right funders then it's a great project but could have more upside value that may not be realized through lack of promotion.

    The NWC technical performance has been fine to date but the promotional side needs to ramp up and I believe it is.

    As we are an american domiciled project, best place to promote it is in nth america and they also have lots of government incentives floating around with all that money printing their govt is actively doing.

    https://www.bigmarker.com/series/rrs-gold-coast-2024/series_summit

    Day 2 session 2 NWC

    Also check out the Coda presentation at 57 minute mark (day 1 session 3) for a nice concise overview re the Copper space and the best projects re bang for buck, some familiar themes there.
 
watchlist Created with Sketch. Add NWC (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $53.96M
Open High Low Value Volume
2.0¢ 2.0¢ 1.8¢ $128.9K 6.763M

Buyers (Bids)

No. Vol. Price($)
10 4755463 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 1259828 3
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
NWC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.